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Copper is the third most used metal in the world, and demand for this important commodity is rising amid tight supply.  For that reason, market watchers may be asking, “When will copper go up?” The general consensus is that higher copper prices are needed for mining companies to invest in copper production and exploration to match demand. “We believe significant mine supply response will be required to meet this new area of demand growth and a higher copper price will be needed to incentivize the new production into the market,” said Daniel Greenspan, senior analyst and resource te...

Coffee is the latest commodity to hit multi-year highs as Brazil drought sends prices soaring wdaniel@businessinsider.com (Will Daniel) © Juancho Torres/Anadolu Agency via Getty Images Juancho Torres/Anadolu Agency via Getty Images Coffee prices hit a 4.5 year high on Friday extending their rise to nearly 70% in the past year. Dr. Michaela Helbing-Kuhl, an agriculture analyst at Commerzbank, says Brazil's persistently dry weather is to blame. The drought is expected to continue through August which is "not a good sign for the 2022/23 crop," according to Dr. Helbing-Kuhl. P...

Move over oil and gold: Lesser-known commodities on the rise VIDEO SIGN OUT This year’s commodity rally, ignited by economic recovery from the pandemic and massive government stimulus worldwide, has lifted oil and copper prices by more than 30 per cent so far while lumber has almost doubled.  But some raw materials that get less attention have posted big gains so far in 2021 too. Here’s a roundup:   BARLEY As of this week, barley has soared 64 per cent in 2021 to trade at US$5.15 a bushel, outpacing corn’s gain of 55 per cent. The crop has seen “outstanding deman...

Move over oil and gold: Lesser-known commodities on the rise VIDEO SIGN OUT This year’s commodity rally, ignited by economic recovery from the pandemic and massive government stimulus worldwide, has lifted oil and copper prices by more than 30 per cent so far while lumber has almost doubled.  But some raw materials that get less attention have posted big gains so far in 2021 too. Here’s a roundup:   BARLEY As of this week, barley has soared 64 per cent in 2021 to trade at US$5.15 a bushel, outpacing corn’s gain of 55 per cent. The crop has seen “outstanding deman...

Copper is emerging as the new commodity to cash in on.