Copper hits new peak of $14,533/metric ton. Can its reddish glow brighten even further?
7 Articles
7 Articles
Copper hits all-time high at $14,533, up 16% in 2026: Why falling inventories could drive prices higher
Copper hits a record $14,533, gaining 16% in 2026. Falling inventories, supply constraints and robust demand could support further gains, keeping investors focused on the metal’s outlook.
Copper Hits All-Time-High As Physical Economy Reprices Scarcity
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Copper hits new peak of $14,533/metric ton. Can its reddish glow brighten even further?
Copper prices hit a record high of $14,533 per metric ton as tight mine supply, a weaker dollar and structural demand from electrification, AI and data centres fuelled the rally. Analysts see further upside if supply constraints persist.
Copper on the LME strengthened 0.5 percent to $14,584 per metric ton, while earlier, it touched $14,617, setting a new all-time high after Monday's record.
Copper Hits Record $14,533, but a 131,000-Ton Surplus Complicates the Rally
Copper has a new record—and an unusually awkward explanation for it. Benchmark three-month copper on the London Metal Exchange touched $14,533 per metric ton on Monday, edging past January’s $14,527.50 peak. It later traded at $14,518 at 3:15 p.m. GMT, up 0.7% on the session and roughly 16% in 2026, according to Reuters market data.…
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