Four ways investors can get involved

copper mine

The copper price is expected to rise by 30 to 35 percent this year, forecasts the asset manager OFI.

(Photo: BHP Billiton)

Frankfurt When it comes to industrial metals, the experts agree. Benjamin Louvet, fund manager at asset manager OFI, says: “We expect prices for practically all base metals to rise in 2023.” Depending on the metal, he sees an increase of ten to 20 percent – and more. Bank of America commodities analysts are similarly bullish, and Goldman Sachs even believes in a commodities super cycle.

The experts are optimistic about the positive effects of the relaxed Covid restrictions in China on the global economy, the prospect of interest rate hikes coming to an end soon and the energy transition. The decarbonization of the economies requires a lot of copper, aluminum or zinc – that will trigger a real boom.

Investors who think this scenario is likely can bet on rising prices for industrial metals in a number of ways. The Handelsblatt presents four ways. The possible profits are lucrative – however, such a form of investment is not for the faint of heart.

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