The Elements of Innovation Discovered
The Elements of Innovation Discovered
Prices circle back to January 2023 numbers by end of the year Metal Tech News – January 3, 2024
Despite volatile changes and an unexpected rise in price from October lows due to a dwindling surplus, copper has arrived only 1.5% above where rates stood at the start of 2023.
Copper has had a wild ride in 2023, going from expected surplus to deficit within the last few months due to labor disputes, environmental protests, and volatile demand. The supply-demand roller coaster in 2023 was reflected in the price of this energy metal, which dropped from a high above $9,400 per metric ton last January to fluctuating to lows of around $7,800 in May and again in October befor...
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