Supply constraints include an idle mine in Panama responsible for 1.5% of global production. These shortages are exacerbated by falling stock levels at Shanghai warehouses, which have intensified price volatility as industrial buyers compete for dwindling stockpiles.
Wednesday, October 21, 2026
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Copper Futures Hit All Time High Following 70% Rise Since January 2025
Commodities28 days ago
Copper prices surged another 22% this year, driven by tumbling inventories in Shanghai and global scarcity fears. The futures market reached its highest level on record on Sept. 22, extending a rally that has pushed costs up more than 70% since January 2025.
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