Copper and silver prices spike as governments decarbonize

Beijing's public works plans and global efforts to go green spur trading

20201219N china copper foil (REUTERS)

Copper foils for lithium batteries are produced at a factory in Tongling, China. © Reuters

TOMIO SHIDA, Nikkei senior staff writer

TOKYO -- Money is flowing into the markets for such materials as copper, silver and aluminum on growing demand thanks to a shift to renewable energy and electric cars.

The trend was triggered by solid demand in China, which brought the COVID-19 pandemic under control ahead of other countries. Now investors around the world are trying to get ahead of the curve on the so-called green cycle poised to lift the commodity markets over the long term.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.