Copper price surges to new 8-year high on supply worriesCopper is being driven by a cocktail of positive factors including rising inflation expectations caused by US stimulus, a falling dollar and historically low stocks, said Gavin Wendt, a senior resource analyst at MineLife Pty. The 2021 copper production outlook is likely to be negatively impacted as a result of covid in a number of major South American producing nations, Wendt added.