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Copper rally sets record price on LME as US tariff fears fuel ‘scramble’ for stockpiles

Global - Asia Archived September 8, 2026
Copper rally sets record price on LME as US tariff fears fuel ‘scramble’ for stockpiles
Copper prices have surged to an all-time high on the London Metal Exchange (LME) amid anticipations of potential US tariffs and a tightening supply crunch, with analysts expecting prices to remain elevated in the short term.
Benchmark three-month copper futures closed at US$14,510 a tonne on Monday, after rising to a record high of US$14,533 a tonne earlier in the session, surpassing the previous record set in January.
The rally came with the market widely expecting the United States to expand...
Source: South China Morning Post | https://www.scmp.com/rss/91/feed - Read Original
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