Supply and Tariff Woes Send Copper Prices to Record High above $12,000

Market Intelligence Analysis

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Why This Matters

Copper prices have reached a record high above $12,000 per ton due to supply disruptions and US trade policies, setting the stage for the biggest annual gain since 2009.

Market Impact

Market impact analysis based on bullish sentiment with 81% confidence.

Sentiment
Bullish
AI Confidence
81%

Article Context

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Copper prices hit a fresh high on Tuesday, rallying above $12,000 per ton on the London Metal Exchange, and on track to post their biggest annual gain since 2009, as supply disruptions and U.S. trade policies have created concerns about shortages. On Tuesday midday, copper prices hit as much as $12,044 per ton on the London Metal Exchange (LME), crossing the $12,000 a ton threshold for the first time ever. Prices have rallied and set several record-highs since October when concerns about supply shortages intensified. Copper prices have soared by…

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Original article published by OilPrice.com on December 23, 2025.
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