Copper’s AI Tailwind Faces Supply and Demand Uncertainty
At LME week, Amy Gower of Morgan Stanley said copper traders lack conviction about the metal’s direction. Copper has tracked AI stocks closely, although AI is still a small share of demand; uncertainty over possible U.S. import tariffs is also drawing large volumes of copper into the country and could redirect supply from other markets. Gower said mine supply is expected to fall this year, with…
We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.
