Copper prices are surging again in New York as short sellers face renewed pressure. A shortage of deliverable metal is amplifying the situation, echoing the dramatic short squeeze of May 2024. This could impact production costs for manufacturers who rely on copper.
supply chain
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Copper prices are expected to surge in the coming years due to rising demand from the green energy sector, particularly electric vehicles and renewable energy infrastructure. The challenge lies in ensuring sufficient supply to meet this demand while adhering to environmental and social responsibility standards.
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