Key economic bellwether copper tops $9,000 for first time as new bull market begins

Jan 11 2023 by Business Insider

 
An employee produces copper wires at Nanjing Gree Electric Enterprise Co. in China.

Fang Dongxu/VCG via Getty Images

Copper prices surged past $9,000 per metric ton on Wednesday for the first time since June 2022.  Greenback weakness and hopes of a rebound in demand from China are helping ignite a new bull market.  The key metal has climbed 8% so far this year. 

Copper prices on Wednesday topped $9,000 per metric ton for the first time since June as the economic bellwether embarks on a new...

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