Baua Electric
JANUARY 7, 2024
Demand from China’s green energy sector, notably for electric vehicles and power infrastructure, is expected to underpin copper prices. The Chinese government’s potential moves, including lowering the Required Reserve Ratio (RRR) for major banks, could further energize metal demand and support copper prices.
Baua Electric
APRIL 15, 2024
Driven by renewed interest in commodity assets, copper prices rallied 10% since the start of this year on London Metal Exchange. Copper prices also hit record high on Shanghai Futures Exchange (Shfe) and neared a two-year high of USD 4.34 When prices hit USD 4.50 per pound last Friday on Chicago Mercantile Exchange.
Baua Electric
FEBRUARY 4, 2024
On impact of the plant on global prices of copper concentrate, sources said more copper concentrate assets would get operational in the future as a result of India’s new exploration and auction policy. The two top producers — Chile and Peru — account for 38 per cent of world production.
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