Copper continues to move higher since our January bullish note and remains in a strong upward trend driven, by very strong fundamentals. As the world shifts its energy consumption and upgrades transmission infrastructure, Copper demand remains solid.
The growth in AI and data centres also means Copper demand is growing exponentially. While recycled material can offset some of the demand curve, a net increase will still see strong price support over coming years.
Copper could emerge as one of the most sought after commodities, even more sought after than oil, because of its restrictive supply profile.
The forecasts provided herein are intended for informational purposes only and should not be construed as guarantees of future performance. This is an example only to enhance a consumer's understanding of the strategy being described above and is not to be taken as Blueberry Markets providing personal advice.
The growth in AI and data centres also means Copper demand is growing exponentially. While recycled material can offset some of the demand curve, a net increase will still see strong price support over coming years.
Copper could emerge as one of the most sought after commodities, even more sought after than oil, because of its restrictive supply profile.
The forecasts provided herein are intended for informational purposes only and should not be construed as guarantees of future performance. This is an example only to enhance a consumer's understanding of the strategy being described above and is not to be taken as Blueberry Markets providing personal advice.
The Blueberry Team
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.