Copper hits record high as supply tightens and demand surges
Copper futures rose above $6.71 per pound on Friday, setting a new all-time high, driven by tightening global supply, surging demand from AI data center buildouts, tariff-related positioning, and the DRC's ban on copper concentrate exports. Copper is up over 50% in the past year and +19% YTD, outperforming gold, silver, platinum, and palladium.
Detected & updated continuously · Source: Nebula
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@nihalzenginn
#COPPER⚠️Cuma günü bakır vadeli işlemleri pound başına 6,71 doların üzerine çıkarak yeni rekor seviyelere ulaştı; küresel arz risklerinin artması piyasayı desteklemeye devam etti➕Demokratik Kongo Cumhuriyeti'nin bakır konsantresi ihracatını yasaklaması, kaynak zengini ülkeler https://t.co/avPdFDI56y
@Lucidvein
Copper hits a new ATH today quietly up over 50% in the last year. All the AI data center buildouts are increasing demand creating a major supply deficit. https://t.co/5t3xcgUqyQ
@StackerSatoshi
Copper just quietly set a new record high and is now +19% ytd to strongly outperform gold, silver, platinum, and palladium. This strength comes due to a combination of tariff-related positioning, constrained supply, and surging demand for use in data centers and energy https://t.co/aTY3AH6NuJ
@vncrypto91
Đồng (Copper) lập đỉnh lịch sử mới Đà tăng được hỗ trợ bởi kỳ vọng nhu cầu từ ngành năng lượng sạch, hạ tầng và sản xuất toàn cầu vẫn duy trì ổn định. Một số phân tích cho rằng nguồn cung thắt chặt kết hợp với dòng tiền đầu tư vào hàng hóa đã https://t.co/soSZjXJ2m1
@business
The copper market is tightening fast, with a surge in shipments to the US and rising orders in China setting the stage for a rally that could take global benchmark prices to all-time highs https://t.co/nHcVaPoqDB