An Economist has projected Copper prices to perform positively this week as more countries around the world continue to open up and commodity demand grows.

Speaking in an interview with Money FM News, Mambo Phiri says economic activity in the world has continued to scale up as covid-19 measures are eased causing a huge demand for copper on the global market which is portraying positive effect on the country’s economy.
“As the world economies continue to open up, copper prices are expected to perform relatively well this week,” he said.
Mr. Phiri adds that if this trend is stabilized, the commodity’s price will yield positive results on production, and in turn improve the mining sector.
“If this trend is maintained, it will yield extremely progressive results on the Zambian economy,” he concluded.
Copper is trading at $ 5,588 per metric ton on the London Metal Exchange