I’m looking at copper which I use as a leading indicator. Provide some examples of staggering increases. I’m curious.
Just in China, since last July:
Copper is up about 60%, up to $9,500 per ton.
Nickel is up 60%
Ruthenium is up 30%
Lithium Carbonate is up 166%
Coal is up 30%
Since November, 2020:
Styrene monomer is up 100%
Benzene is up 125%
Xylenes up >50%
Propylene is up 90%
Polyethylene is up 45%
LDPE is up 80%
Urea is up 50%
Maleic Anhydride is up 90%
Methanol is up 66%
Ammonia is >40%
Oh... and, OIL is up 60%>