Sunday, May 19, 2024

Anticipation: Looking Forward To Another Interesting Week -- May 19, 2024

Locator: 47130COPPER.

Before, we get started:


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Now, Back To Copper

Link here.

Tech is tracked here.

Chips, semiconductor: link here.


 Key paragraph:

Unfortunately, the renewable energy revolution has not unfolded as many experts predicted, with metal prices sharply lower from their 2022 peak.
However, there’s one notable exception: copper.
The red-hot copper rally has propelled prices close to an all-time high of $5.10 per pound ($11,245 per ton), slightly lower than the historical peak of $5.13 per pound touched on May 15, 2024.
Copper prices are up 33.2% over the past 12 months.

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