Wowee The Insane Rise Of Copper Price
If you need wire for future projects, my advice is to buy is to buy it NOW rather than put it off. The prospects for ten dollar per pound commodity price is no longer absurd. A trip to Home Despot ...
Forum Discussion
I think it's the spike in demand that drives copper up, not so much shortage of supply.
Top copper-producing countries are Chile, Peru and China, the US comes the 4th.
I don't think in Chile they send a lot of people to work remote, in any industry. Same in Peru. People put masks on and go. One gets sick, another one takes his place.
In China it's been business as usual for more than a year, their lockdowns ended in March 2020 though they had a valid reason - the epidemic practically ended for them. They are still getting daily cases from returning travelers, less than 100 a day - for a country of 1,400,000,000. Factories have been running full power since March 2020, need copper.
Top copper-producing countries are Chile, Peru and China, the US comes the 4th.
I don't think in Chile they send a lot of people to work remote, in any industry. Same in Peru. People put masks on and go. One gets sick, another one takes his place.
In China it's been business as usual for more than a year, their lockdowns ended in March 2020 though they had a valid reason - the epidemic practically ended for them. They are still getting daily cases from returning travelers, less than 100 a day - for a country of 1,400,000,000. Factories have been running full power since March 2020, need copper.
