Copper Is Cheap As China Consumes 50% Of Global Supply

Rupert Hargreaves

Published onJuly 13, 2017

Updated on May 14, 2021

Against a backdrop of rising demand for renewable energy technologies, economic growth and expanding populations, analysts at Goldman Sachs believe copper price is low and is among one one of the best commodities to own.

Unlike bulk commodities such as iron ore and coal, copper is not facing market oversupply, and in the case of coal, there are no environmental concerns about the use of copper in products. In fact, as coal is phased out and renewable energy takes its place, copper is only set to benefit. What’s more, unlike oil copper supply is relatively limited, and...

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Rupert Hargreaves

Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for Hedge Fund Alpha

Copper Is Cheap As China Consumes 50% Of Global Supply

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