Copper hits record high above $14,600 per ton on exchange

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On September 8th, copper futures on the London Metal Exchange surpassed $14,600 per ton, marking a new historical high.

Analysts attribute the rise in copper prices to a shift in supply towards the United States due to the introduction of import tariffs starting in 2027. This has led to an intensified global shortage of the metal outside the U.S. Experts predict that the increased demand for copper will persist over the next few months, driving prices even higher.