DIE Discussion Paper des Deutschen Instituts für Entwicklungspolitik (DIE)

what drives mineral commodity prices?

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What drives mineral commodity prices in the long-run? Martin Stürmer provides empirical insights by using data for the copper, lead, tin, and zinc markets from 1840 to 2010. Demand shocks rather than supply shocks are the main driving force. The current price boom is temporary but not permanent.