Latest / The Commodities Economy with Fexingo: Oil, Gold, Wheat, and Raw Material Markets
Why Copper Is Plunging While the Green Energy Boom Continues
Episode 33 of The Commodities Economy with Fexingo. It's June 5, 2026, and copper — a key green metal — has dropped 4% in a week to $6.26 per pound, despite massive long-term demand projections for EVs and renewable energy. Lucas and Luna unpack the disconnect, looking at short-term demand weakness in China's property sector, rising global mine supply from new projects in Peru and the DRC, and the futures curve contango that suggests traders see no immediate shortage. They also discuss how positioning by hedge funds amplifies the selloff. If you've wondered why copper prices…
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