Copper Yesterday closed up 1.25% to 777.5 as market players maintained optimism about a revival in demand in major consumer China.

According to the ICSG, the market had a 384,000-tonne shortfall through the first 11 months of 2022 as opposed to a 381,000-tonne deficit through the same period last year

Due to the fact that the ratio of the SHFE – LME copper price has not been greatly improved. Import losses have reached 500–700 yuan/mt as of Feb

The consumption of metals like copper, Zinc and lithium is expect to continue growing. According to several experts and portfolio managers.

Analysts expect that the industry will continue its aggressive share repurchase programme from the previous year. According to Freeport CEO Richard Adkerson,

Although natural gas accounts for about 25% of residential energy demands, falling natural gas prices are reducing some of inflationary pressure in America

According to the most recent official data released earlier this week. Inflation in the United States decreased in Jan for a 7th straight month