Copper Prices Surge Toward $12,000 on AI Demand and Supply Chaos
Citi and ING cite supply disruptions, U.S. hoarding, and surging demand from energy transition and AI projects driving copper prices toward $12,000-$15,000 per ton by mid-2026.
7 Articles
7 Articles
Copper Prices Surge Toward $12,000 on AI Demand and Supply Chaos
Copper prices are surging toward the $12,000 mark, fueled by a perfect storm of supply disruptions, frantic artificial intelligence (AI) demand, and what analysts are calling a "highly irregular" market distortion triggered by U.S. trade policy fears. With the metal currently trading near record highs, touching $11,952 per ton on the London Metal Exchange (LME) last Friday, major financial institutions are aggressively revising their forecasts u…
Copper Holds Near $5.42/lb as LME Prices Stay Close to Record Highs and 2026 Forecasts Shift
Copper prices are back in focus heading into the final stretch of 2025, with the “red metal” hovering near record territory after a sharp run-up and an equally sharp bout of volatility late last week. As of the latest mid‑afternoon pricing available, benchmark COMEX copper futures (most‑active contract) traded around $5.4185 per pound, up about 1.1% on the day, with the day’s range roughly $5.3433–$5.5192, according to Investing.com’s derived re…
Copper prices have soared this year, driven by increased demand internationally, while supply disruptions continue. More...
Copper surges by 2%, leads rebound in metals market
Copper jumped by about 2%, reversing the sharp fall from Friday as traders shifted back to the idea that the market may tighten in 2026. Prices on the London Metal Exchange hit $11,656.50 per ton during midday trading in Shanghai after the metal had crashed by 3% in the previous session. That drop came when tech stocks linked to artificial intelligence collapsed on Wall Street and dragged the whole demand outlook with them. The rebound today cam…
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