Copper Price Hits New Record Amid Global Supply Concerns

Post Views: 281 Copper Prices Copper Market Faces Unprecedented Tightness Copper prices surged to a record in London after massive withdrawals from London Metal Exchange (LME) warehouses. Traders fear a global supply squeeze, driving futures up to $11,400 per tonne before settling near $11,100. The LME benchmark has risen over 30% this year, fueled by strong US demand and tariff speculation. Analysts warn that inventories are critically low, adding pressure to an already tight market.   Supply Disruptions Drive Price Surge Production disruptions in key regions intensified the copper rally...