Copper prices could surge as much as 50% over the next 18 months, driven by tightening supply, growing green energy demand, and underinvestment in new capacity, according to market experts Jonathan Barratt, CIO of ETO Markets, and Kishore Narne, Director and Head–Commodities at Motilal Oswal Commodity Broker.

The two believe the current rally in base metals marks the early stages of a potential multi-year commodity supercycle, with copper leading the charge.

The recent surge has seen Indian metal companies such as Hindalco Industries , National Aluminium Company (NALCO), Vedanta , and Tata Steel gain between 6% and 12% in October. This rise has been fuelled by a sharp increase in prices on the London Metal Exchange (LME).

This week alone, copper prices have climbed 4%, aluminium

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