80FINANCE
⚡ Markets: High copper prices act as an inflationary pressure, increasing input costs for construction, manufacturing, and green energy projects. Bullish for copper miners, but a headwind for industrial consumers.LME CopperFCXSCCO
Copper prices on the London Metal Exchange (LME) reached an all-time high, trading near $14,300 a ton. The rally is driven by a combination of shrinking physical supply, strong demand from the energy transition and AI sectors, and market turmoil related to trade tariffs.
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