Copper prices on the LME exchange set a new historical high

Марина Онегина Economy
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On the London Metal Exchange (LME), copper prices have reached a historic record, surpassing the $13,000 per ton mark for the first time. Analysts suggest that the price increase for this metal may continue throughout the current year.

Three-month copper futures rose by 2.65%, reaching a peak of $13,390 per ton.

The price increase is attributed to concerns about a potential shortage, as well as expectations that the situation in Venezuela may accelerate competition for the extraction of key minerals, as reported by Reuters.

Goldman Sachs specialists have identified copper as one of the most promising metals for 2026.
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