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Copper price surge past $12,000 as tariffs and mine disruptions fuel rally
Copper prices have climbed to a fresh all-time high above $12,000 a metric ton, putting the industrial metal on track for its strongest annual performance since 2009. The rally has been driven by a combination of severe supply disruptions and trade dislocations linked to the tariff agenda of US President Donald Trump, affecting global copper flows and tightening availability outside the United States. On the London Metal Exchange, copper rose as much as 0.9% to $12,031.50 a ton, extending a surge that has lifted prices by about 37% so far this year. The metal’s advance has continued despite weakening demand in ... (full story)
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From finance.yahoo.com | Dec 23, 2025
Copper prices topped $12,000 a ton for the first time, extending the metals recent bull run as mine outages add to concerns about supply of the vital industrial metal. Benchmark prices climbed as much as 2% on the London Metal Exchange on Tuesday to $12,159.50. The metal has gained more than 35% this year and is on track for its biggest annual jump since ...
From brecorder.com | Dec 23, 2025
Copper prices ticked up on Tuesday, hovering near record levels hit in the previous session after Chilean miner Antofagasta and a Chinese smelter agreed on a zero processing fee for 2026 copper concentrate, underscoring supply constraints. The most active copper contract on Shanghai Futures Exchange was up 0.1% at 93,810 yuan ($13,325.28) per metric ton as ...