Copper Prices Top $14,500 a Ton For First Time

Market Intelligence Analysis

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Why This Matters

Copper prices have reached a new record high of $14,500 a ton, with an 11% gain, driven by expected copper shortages.

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 prices gained as much as 11% to trade above $14,500 a ton for the first time ever Thursday afternoon. Timna Tanners from Wells Fargo talks about the rally in metals and says copper shortages were expected. (Source: Bloomberg)

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Original article published by Bloomberg on January 30, 2026.
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