Copper prices on the London Metal Exchange reached an all-time high of $14,533 per ton. This milestone represents a 47% increase in valuation over the previous 12-month period.
The price spike is attributed to a persistent supply deficit coupled with accelerating demand from critical infrastructure sectors. Specifically, the expansion of data centers, renewable energy projects, and electrical power grids is driving consumption. Market participants are also factoring in expectations regarding future policy shifts under President Trump.