Discussion on SP, page-288

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    It is the projected demand due to new technology relative to the then total demand. Copper's largest demand is in conventional technology including electrical installations in building construction, which explains its absence. However, the graph does not tell you anything about demand and supply balance. Copper is expected to be in supply deficit over the next few years, and that is what counts in terms of the metal price.
 
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54.5¢
Change
-0.010(1.80%)
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56.0¢ 56.0¢ 54.5¢ $613.2K 1.109M

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Price($) Vol. No.
55.0¢ 48986 1
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