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Peru and Chile Celebrate: UBS Projects Copper Rise by the End of 2025 and 2026

Summary by Bloomberg Linea
The global copper market continues to face a dynamic of structural tightness in its supply, which has driven a steady rise in prices, even in an uncertain macroeconomic context. See more: Remittances Fall: BofA Alerts for the Impact on the Mexican EconomyThe US copper price premium against the London market (LME) has escalated sharply, reaching more than US$1,000 per metric tonne in June, compared to US$750 at the end of May. This gap responds, …
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The global copper market continues to face a dynamic of structural tightness in its supply, which has driven a steady rise in prices, even in an uncertain macroeconomic context. See more: Remittances Fall: BofA Alerts for the Impact on the Mexican EconomyThe US copper price premium against the London market (LME) has escalated sharply, reaching more than US$1,000 per metric tonne in June, compared to US$750 at the end of May. This gap responds, …

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Bloomberg Linea broke the news in on Saturday, June 14, 2025.
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