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Copper supply tightness beckons in Europe
Europe's copper market heads into 2026 carrying the imprint of an extraordinary 2025, a year in which price signals, physical flows and geopolitics diverged sharply. What emerged was not a simple story of shortage or surplus, but a fractured global market in which Europe briefly found itself competing for metal with the US, while China's smelting overcapacity distorted upstream fundamentals. While European supply has stabilised, a projected tightness in 2026 promises higher premiums, particularly if underlying metal prices remain at record highs. Copper prices surged through 2025, with London Metal Exchange (LME) ... (full story)
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- Dec 17, 2025 12:40pm Posted byFundamental Analysis188
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