RBC analyst offers top picks in the surprisingly resilient copper sector

News Snapshot:

Daily roundup of research and analysis from The Globe and Mail’s market strategist Scott Barlow RBC Capital Markets analyst Sam Crittenden describes why copper prices have remained strong despite tariff concerns, “Copper is up 11 per cent year-to-date to $4.37/lb currently as flows of metal into the U.S. ahead of a potential copper tariff have left other markets tight. The year started with strong demand met with strong supply, while both have shown signs of weakening recently. Chinese copper demand was up 4.5 per cent in Q1 as manufacturing was strong ahead of potential tariffs although May PMI’s showed a...