The copper price rose to record highs since 2011 and reached $ 10.44 thousand per tonne.
According to Arab Net, copper prices are high due to strong demand from China and improve industrial production, as half of copper production goes to China.
Investors are betting that the efforts to reduce carbon emissions will lead to high demand for copper.
Electric cars have 4 times the amount of copper in the traditional car. Goldman Sachs expects copper prices to $ 15,000 per ton in the coming years.
Bank of America does not rule out the arrival of copper prices to $ 20,000 per tonne.
