Copper Market Outlook 2022 — the “New Oil” is preparing for liftoff
Feb 23, 2022
Copper had a nice ride in 2021.
After a stomach-churning 2020, the red metal went on to rebound sharply in 2021, hitting an all-time high of $10,512 per metric ton on May 9, 2021 — an increase of 130% compared to March 2020’s pandemic lows.