Why is copper so widely sought on the world market and New York merchatile exchange?

Copper is highly sought after on the world market and the New York Mercantile Exchange due to its essential role in various industries, particularly in electrical wiring, construction, and electronics. Its Excellent conductivity, durability, and corrosion resistance make it a vital material for renewable energy technologies and infrastructure development. Additionally, copper's price is often seen as an economic indicator, reflecting global demand and industrial activity, which further amplifies its trading activity. As a result, fluctuations in copper prices can significantly impact investors and economies worldwide.