Copper prices hit record as investors bet on tighter times coming next yearBloombergCopper surged to a record in Shanghai and rallied in New York, adding to substantial annual gains as investors bet on tighter global supplies next year, while factoring in the impact of a weaker US dollar. In China, prices gained as much as 4.7 percent to trade near 100,000 yuan (US$14,228) a tonne on the Shanghai Futures Exchange for the first time. Rolls of copper sheeting gleam at a factory which makes copper products in Dongyang, China, on Sept. 5. Earlier this year, Comex copper contracts spiked to a record in anticipation that US President Donald Trump would impose tariffs. On the Comex, copper rose 4.7 percent to settle at US$5.8395 in New York on Friday.

Source: Taipei Times December 28, 2025 18:45 UTC