The Ukrainian conflict will see Europe accelerate towards renewables even faster than I've previously estimated. This will undoubtedly have a long term impact on Copper Pricing as the little supply which is provided now is snapped up. Additionally, Russia is currently the worlds 8th largest copper producer. With tighter sanctions in place, we can eliminate close to 820,000t (minus domestic demand) of global supply per year. Not an insignificant amount.
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Open | High | Low | Value | Volume |
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5 | 600416 | 0.048 |
2 | 312765 | 0.047 |
3 | 280000 | 0.046 |
5 | 1378272 | 0.045 |
Price($) | Vol. | No. |
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0.050 | 12722 | 1 |
0.051 | 738248 | 4 |
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