The world is making a sharp pivot to ‘green energy’.

One commodity that is crucial to that is copper. Copper is both relatively easy to shape and a great conductor. As electric vehicles, solar farms, wind farms and other renewable energies seek to replace oil and gas copper is likely to be in high demand. According to the International energy Agency an offshore wind turbine requires 8 metric tons of copper per megawatt and an electric vehicle car needs around double the amount of a regular petrol/diesel vehicle. Copper demand is set to more than double by 2040.

Will this rise in demand give copper a natural bullish bias? If the answer is yes, then these seasonals for copper could offer a great time to buy into the base metal.

Notice how, over the last 52 years, between November 23 and March 03 copper has gained 34 times for an average of 5.71%. From a seasonal perspective this offers the best time to enter the copper market.

Major Trade Risks:
The major trade risk here is that the Fed keeps hiking aggressively to contain US inflation and that global demand is badly hit, which can also hit copper prices.

Remember, don’t just trade it, but Seasonax it!