(Dec 30): Copper headed for the longest winning run since 2017 in a December rally powered by the prospect of more stress in the supply chain. Bulls say more metal will be drawn into the US to beat potential tariffs, forcing buyers to pay more. Copper hit a record just below US$13,000 a ton on Monday in an end-of-year surge, before paring gains. Copper was up 2.2% at US$12,489 a ton on the London Metal Exchange at 11:23am in Shanghai. All other metals on the exchange rose, with nickel leading gainers on the day with a 4.1% climb to US$16,455 a ton.

Source: The Edge Markets December 30, 2025 04:03 UTC