OTCPK:COPR - Post by User
Post by
stallion12on Jun 02, 2023 1:40pm
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Post# 35477306
China Recovery Reflects a Strong Need for Copper
China Recovery Reflects a Strong Need for CopperThe true tale of copper lies with China. In September, China released its PMI numbers which suggests that the economy is entering a period of above-trend growth, which is indisputably good news for industrial commodities, and copper in particular. China accounts for around half of global copper demand, making its manufacturing sector a primary driver of prices; already supply is struggling to keep pace with current demand.