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Copper rally sets record price on LME as US tariff fears fuel ‘scramble’ for stockpiles

South China Morning Post 08 September 2026 10h ago
Copper rally sets record price on LME as US tariff fears fuel ‘scramble’ for stockpiles
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Copper prices have surged to an all-time high on the London Metal Exchange (LME) amid anticipations of potential US tariffs and a tightening supply crunch, with analysts expecting prices to remain elevated in the short term. Benchmark three-month copper futures closed at US$14,510 a tonne on Monday, after rising to a record high of US$14,533 a tonne earlier in the session, surpassing the previous
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