- Copper has scope to reach a record early next year as tariff concerns combine with mine-supply challenges and resilient global demand.
- Speculation over a US levy is drawing copper supplies into the country, while EV and new-energy infrastructure investment supports consumption.
- Mine supply faces pressure in South America, reinforcing the tightening supply backdrop.
Quotes
“Copper has the scope to rise to a record early next year as US tariff concerns combine with supply challenges at mines and resilient global demand”