Commodities
Deutsche Bank warns of looming copper crunch, sees $10 per pound needed
Deutsche Bank says a copper supply crunch is coming and that prices may need to reach $10 per pound to fix the imbalance.
Further details of the bank's forecast were not disclosed.
For beginners When demand for a metal used in construction, electronics and green-tech expansion outpaces supply, the price needs to rise enough to either curb demand or draw in new production — a process economists call market-clearing.