
Copper in focus: Cu at the top
BY ELIZABETH FABRI COPPER is in favour as demand picks up in China, while electric vehicle and the renewables boom looks to build sustainable price momentum into the future. Yet the base metal, as is the case for many commodities in 2017, has also been defined by its volatility. Will the good time continue? Copper has been a particularly interesting commodity to watch throughout the 2017 year. On the back of sudden price gains in late 2016, the base metal had a volatile start to the year, continuing its upswing in the first few months, (due to supply disruptions at three of the world’s largest mines), before plummeting to three-month lows in April. As analysts predicted, the slump was short-lived…