‎Demand for copper continues to rise due to the large role of this metal in a variety of industries, including renewable energies.‎

‎ As predicted by analysts,‎ this rise in copper prices as one of the base metals ,reflects developments in the global market.

‎Many analysts believe that the rise in copper prices is due to rising demand.

However, the rise in copper prices is not solely due to demand, but because of the lack of supply and demand alignment.‎

‎The decline in copper supply continues due to tightening mining regulations, geopolitical tensions and mining worker strikes.