Economics class: Copper rallies on hopes of China economic rebound
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.
This article picked by a teacher with suggested questions is part of the Financial Times free schools access programme. Details/registration here.
Specification:
Demand and supply
Click to read the article below and then answer the questions:
Copper rallies on hopes of China economic rebound
With reference to the chart, calculate the percentage change in the spot price of iron ore from September 2022 to January 2023
The article references ‘the end of Covid-19 restrictions in China’, ‘a rapid rebound in China’s economy’, and ‘a surge in perceived buying’. Use a demand and supply diagram to analyse the potential impact on the iron ore market
Outline the factors that are driving a general resurgence in commodities markets
Gavin Clarke, Emmanuel College
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