Copper, as a commodity with financial attributes, represents the economic vane. However, the previous bull markets in copper were all hyped because of "Chinese demand", so the fundamentals of copper are not the high copper price. The main reasons for the rise are capital hedging, betting on copper demand after the economic recovery of China and Southeast Asian countries, and upward breakthrough demand on technical graphics. These are the main reasons for the current rise in copper prices.

“This time we are also betting on the demand for copper after the economies of China and Southeast Asia recover first”! The main reason is that “due to ample liquidity and increasing inflation expectations, financial attributes will still dominate metal prices. Considering that economic data at home and abroad will continue to improve in the first half of the year, copper and aluminum will still maintain a volatile upward trend before liquidity tightens."