What’s Behind Copper’s Rally to a Record High?

Market Intelligence Analysis

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Why This Matters

Copper has reached a record high of $13,000 a ton due to various factors, including supply chain disruptions, increased demand from the renewable energy sector, and a stronger-than-expected economic recovery.

Market Impact

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

Sentiment
Bullish
AI Confidence
90%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

Morgan Stanley Lead Metals & Mining Commodities Strategist Amy Gower examines the drivers behind the rally in copper that pushed the metal above $13,000 a ton for the first time. (Source: Bloomberg)

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Original article published by Bloomberg on January 7, 2026.
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