Copper trading volumes rebound

    723

    LONDON- Copper volumes on world exchanges are climbing again as a buoyant economic recovery from COVID-19 in top metals consumer China spurred speculators to pile back into the market.

    Copper is widely used by speculators and funds as a proxy for the health of the global economy due to its wide range of uses from construction to manufacturing.

    Copper trading activity slumped in the immediate aftermath of the coronavirus pandemic as funds and speculators fled from high volatility.