Sorry!! The article you are trying to read is not available now.
HOT TAGS:  

What is Pushing Up the Price of Copper and Other Base Metals?

Print comment Post Comments
HOARD YOUR PENNIES
The Economist investigates the enthusiasm for all things metal these days: "Supply and demand is not the only thing helping keep prices aloft. There is an “extraordinary market” for copper that has departed from fundamentals, reckons Andrew Keen at HSBC. Growing copper inventories at metals-exchange warehouses (half a million tonnes or so by some estimates) have coincided with increasing prices. The same seems to be happening with aluminium, lead and nickel. In the past, prices have fallen as warehouse inventories have risen."
SOURCE:   The Economist

TICKERS