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7.9

Copper Hits Record High on LME as Supply Constraints Persist

LME copper rose 0.5% to $14,584/t, touching a new all-time high of $14,617, extending Monday's record. The rally is driven by limited supply outside the USA, amid ongoing trade tensions and potential supply disruptions. This signals sustained upward pressure on industrial metals, reflecting tight global supply conditions.

Capital.grabout 7 hours agoUS, GBCredibility 36%View source

Score Breakdown

Mosaic Score7.9
Confidence0.9
Significance0.8
Source credibility0.4

Intelligence Tags

#copper#lme#commodities#supply#industrial-metals

Locations

London

Entities

countrycountry
Source

Part of a situation

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Chile — 6 developments

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Related signals

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