Copper Surges to Fresh Record as Inventories ‘Locked in the US’

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Copper prices surged to a fresh record high of $13,000 a ton, driven by expectations of a tighter global market.

Market Impact

Market impact analysis based on bullish sentiment with 90% confidence.

Sentiment
Bullish
AI Confidence
90%
Time Horizon
Short Term

Article Context

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Copper extended a powerful rally after bursting through $13,000 a ton for the first time, as traders and investors bet on a tighter global market.

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Original article published by Bloomberg on January 6, 2026.
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