Copper Prices on the Rise

Copper futures experienced a notable increase of 1% this Wednesday, as the market reacts to escalating concerns over global supply constraints alongside steadfast industrial demand.

Potential Price Surge to $12,000 per Tonne

Emerging reports highlight the possibility of copper prices reaching up to $12,000 per tonne. This potential surge is attributed to the growing global demand and uncertainties surrounding US President Donald Trump's economic policies.

Current Market Status

As of 5:37 am ET, May copper futures saw a rise of 1.18%, with prices settling at $5.0945 per tonne.