Affected by the US import boom caused by tariff concerns, global copper stocks continued to be consumed, and copper prices surpassed 13,000 US dollars per ton, reaching another record high. Analysts warned that low inventories outside of the US combined with disrupted copper production may exacerbate the global copper supply shortage in 2026.

Affected by the US import boom caused by tariff concerns, global copper stocks continued to be consumed, and copper prices surpassed 13,000 US dollars per ton, reaching another record high. Analysts warned that low inventories outside of the US combined with disrupted copper production may exacerbate the global copper supply shortage in 2026.