Copper Prices Surpass $13,650 on Stock Decline

Copper prices on the London Metal Exchange rose to $13,650.5 per metric ton, reaching a new level. The increase is attributed to the United States' tariff review and declining warehouse stocks. The drop in warehouse stocks is intensifying supply tightness in the commodity market, keeping investor demand for copper robust. Uncertainties surrounding US tariff policies are also supporting the upward movement in prices. Experts indicate that the decline in stock levels may continue to support copper prices in the short term, but global demand conditions should be closely monitored. Market participants will track signals regarding the supply-demand balance in the coming period. This is not investment advice.