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Copper on a record run: Prices breaks through $13,000 mark – Market heading for bottleneck in 2026

Mine failures, looming US tariffs and speculative purchases drive copper to a new all-time high – although there was formally a supply surplus in 2025, concerns are growing about a deficit in 2026.

(PresseBox) (Hamburg, )
The copper market got off to a flying start in 2026: On Monday, benchmark futures on the London Metal Exchange (LME) climbed to around US$13,020 per tonne for the first time. This continued copper’s record rally from last year, before prices fell back into the region of around US$12,500 at the close of trading.

Copper had already experienced one of the strongest phases in its recent history in 2025. Over the year as a whole, the price rose by more than 43% – the best annual performance since 2009 – making the industrial metal classic the top performer among the base metals on the LME. New highs were marked several times, before the recent breakout above the US$13,000 mark once again underlined the dynamic.

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Copper on a record run: Prices breaks through $13,000 mark – Market heading for bottleneck in 2026

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.