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Overview

Copper is trading at a record high as tariff uncertainty and mine supply problems squeeze available metal. Higher copper costs could raise input expenses for industries that rely heavily on the metal, such as construction and electronics.

Updated 04:38 PM

Medium confidence

09/08, 04:35 PM

Copper prices hit a fresh record high on the London Metal Exchange amid trade-flow distortions from potential U.S. tariffs and supply challenges at major mines.

Affected assets

COPPER

WSJ

09/08, 04:35 PM

Related updates

Bloomberg·09/07, 10:36 PM

Copper hit a record $14,533 a ton on the London Metal Exchange amid fears of potential US tariffs on refined copper imports, up 17% over the past year on tight mine supply and rising demand.

FinancialJuice·09/07, 10:02 PM

Copper prices surged to an all-time high above $14,530 per ton on the London Metal Exchange.

Jin10·08/27, 11:31 PM

Canada added copper wire and charcoal to its 50% retaliatory tariff list against US goods, effective September 8, replacing previously removed fish and seafood products.

MarketWatch·08/27, 07:00 PM

Copper hit a record high, with a tracking ETF up nearly 20% in August amid bond volatility, AI demand and tariff concerns.

Jin10·08/27, 02:54 PM

ANZ analysts said stronger US dollar and easing spot copper premiums signal weakening tight supplies, though global copper inventory continues declining; LME three-month copper fell 0.3% to $14,219/tonne amid White House tariff plans.