Copper Rally Could Cool After Surge to Record High

Miningweb: Copper surges to all-time high amid mine disruptions and trade optimism

Copper prices hit a record $11,200/ton as global supply disruptions and easing US-China trade tensions drive a historic rally.

Copper rally could cool after surge to record high

(Reuters) -Copper smashed through its all-time high on Wednesday, spurred by fresh concerns over mine supply and hopes of a U.S.-China trade deal, but analysts questioned how much further the rally could run without a sustained pickup in demand.

Metals on fire: What’s driving the unstoppable rally in copper, aluminium, and zinc

By Hareesh V – The Economic Times – Markets Base metal prices have witnessed a remarkable rally over the past few weeks, with copper, aluminium, and zinc leading the charge across major global exchanges. Copper prices have surged past the psychological $10,000 mark on the London Metal Exchange (LME), while on India’s MCX platform, they are hovering near record highs. Similar bullish momentum is evident in top consumer China, reflecting a synchro…