Copper in Podcasts
productCopper, a customer relationship management (CRM) platform.
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Mentions in Podcasts
So in the next near term, like next few months, expect a lot of volatility in copper because the demand and supply drivers are just going to be contrasting.
And that is where that copper price is going to be very volatile.
Like 20% of global copper, it needs sulfuric acid as an input.
So it's not actually, for me, like that narrative AI, therefore copper demand is great.
But to put that into perspective, AI-related demand for copper is around 3%.
And the reason for that was we saw on the demand side, any kind of equity rally, which is AI-fueled, everyone is thinking, OK, copper demand is going to be strong.
Yeah, look, in terms of the story so far, look, I'd say it's both demand and supply that resulted in copper getting to record highs just a couple of weeks ago.
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