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المشهد العربي
Copper prices rise amid supply shortages
Copper prices on the London Exchange have risen to approach their all-time high, with three-month futures reaching $14,396 per ton. This level is close to the peak recorded in January at $14,500, before slipping slightly to around $14,179. The reason for this increase is the worsening global supply shortage crisis, driven by shifting shipment flows toward the U.S. market in anticipation of new tariffs, along with ongoing deficits in the Chinese market supplies. Additionally, the spread between the spot price and the three-month futures has reached its highest level since the supply shortage crisis in 2021, reflecting the growing supply shortfall.
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