Core Insights - The article discusses the current state of industrial demand and investment demand, highlighting a significant deficit in the market [1][2]. Group 1: Industrial Demand - There is a notable deficit in industrial demand, which is impacting overall market conditions [1]. - The article emphasizes the need for increased investment to address the shortfall in industrial demand [2]. Group 2: Investment Demand - Investment demand is critical for sustaining industrial growth and mitigating the existing deficit [1]. - The article suggests that without adequate investment, the industrial sector may face prolonged challenges [2].

Stock image. Copper prices surged toward a record on Monday as optimism over an imminent US-China trade deal added steam to a rally driven by a slew of disruptions at some of the world’s biggest mines.Prices on the London Metal Exchange rose as much as 1.2% to $11,094 a tonne, just $10 shy of a record reached in May of 2024.Meanwhile, copper futures on the COMEX traded as high as $5.247 a lb., equivalent to about $11,568 per tonne, which is also not far off the record $12,330 per tonne hit in July.The rally ...