2024-5-17 09:00 |
Copper prices have been charting their own course, decoupling from declines in aluminum, steel, lithium and cobalt due to two key factors.
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Copper prices are at record highs amid slow growth in supply and strong demand, including from the use of copper in AI data centers.
The crude oil market is about 25 times bigger that of soybean oil and yet it tends to track prices of the vegetable oil.
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Oil prices are lower than they were two years amid the rise of EVs, slowing growth in China and an increase in U.S. production.
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