Copper prices are on the up once more following a small pullback in March when a broadly stronger US Dollar weighed on the industrial commodity. The red metal is near 3% higher since the start of April as Greenback strength eased along with recently high-flying Treasury yields. Looking ahead, the global narrative for copper appears as bullish as ever. While copper benefits from rising global economic outputs, this month’s swing higher appears to stem from Chile – the global leader in exporting the red metal – tightening border restrictions due to a rise in Covid cases. The move by the Chilean government came after ... (full story)