An economic recovery and rising inflation bodes well for industrial commodities. Winners and losers could depend on how ‘green’ the recovery is.
In part iii of this series of 30 minute webinars, we asses the demand trends in copper, as copper wiring is essential for modern grid infrastructure. Cities across the world upgrade their grid infrastructure to accommodate electric vehicles demand for copper is set to expand. A further catalyst from expanded fiscal stimulus (invariably infrastructure-led) is likely to drive copper demand higher.
Across this series we will also consider the key forces fuelling industrial metals right now, which are:
+ Investors are seeking inflation hedges as prospects for prices are rising
+ Industrial demand is rising across US, Europe, and China as they recover from the deep COVID-19 recession
+ Fiscal and monetary stimulus are likely to see a rise in commodity-intensive infrastructure spending
+ In Europe a ‘green recovery’ is sought as the European Commission remains committed to its climate goals
Other webinars in this series:
+ Part i: A greener world for precious metals - Spotlight on Palladium & Platinum
+ Part ii: A standout winner as vehicles de-carbonise - Spotlight on Nickel
+ Part iv: The metals that stand to win the vehicle energy transition
This event is CPD certified.