Rising copper prices unlike iron and zinc by 2020

The agency also said that global industrial production is at its peak in the first half of this year, which boosts the likelihood that prices will peak at its peak.

It also has an impact on another factor. The high prices encourage the launch of new mines. As a result, the price of the metal is expected to drop by 17% by 2020.

Reporting sources and energy also argues that copper may ignore this trend, and the sluggish growth of mineral resource supply will not be able to meet the growing demand from the energy infrastructure. Hence, in 2020 global copper prices are expected to rise from $ 6,446 per tons this year to more than 20 percent to $ 7,910 a tons.