Market overview: high, volatile, policy‑sensitive Copper remains in a high‑price, high‑volatility regime. US copper futures are trading in the mid‑$5s per pound, having rebounded from a late‑March low around $5.34 as markets reassessed the Iran conflict and broader macro risk. Prices are off the record levels seen in 2025 and early 2026, but still sit […]
Copper Weekly Brief – 27th March 2026
Copper remained elevated but volatile into the week ending 27 March 2026, with prices easing off January’s record highs but still trading at historically strong levels and underpinned by a tightening medium‑term balance. Market overview LME cash copper traded around 11,800–12,200 US$/t through 23–25 March, down roughly 15–20% from the late‑January peak above 14,500 US$/t but still […]
Copper Weekly Brief – 20th March 2026
1. Market overview Copper prices were firm but volatile into late March, with LME 3‑month trading broadly in the mid‑US$4.10–4.30/lb range, supported by tightening concentrates and renewed investor interest in energy‑transition metals. Time spreads remain flat to mildly backwardated, signalling a market that is tight but not yet in squeeze territory, while premia in key […]
Copper Weekly Brief – 13th March 2026
Summary Copper is consolidating below recent record highs but remains up strongly year‑on‑year, underpinned by structural supply constraints and accelerating electrification demand. Australia is positioned as a key beneficiary, with production expected to recover from 2026 and major investment flowing into South Australian and NSW copper provinces. Global market snapshot LME copper trading around 5.8–5.9 […]
Copper Weekly Brief – Week of 6th March 2026
Market overview Copper prices were volatile but ultimately firmed this week, with benchmark contracts around US$5.75–5.80/lb (roughly US$12,900–13,050/t) by 4–6 March. From the January record high near US$14,500/t, prices are still down about 10–15% but remain roughly 23–24% higher than a year ago. The recent pullback is still being read as a consolidation after […]
Copper Weekly Brief – 27th February 2026
Copper prices held near recent highs this week but eased slightly as traders weighed strong long‑term demand against softer short‑term signals from China and rising inventories. Prices Copper traded around US$13,000/t in late February, off recent records but still up strongly year‑on‑year. Forecasters see 2026 as a consolidation year in a continuing bull market driven […]
Copper Weekly Brief – 20 Feb 2026
Copper Weekly Brief – Week Ending 20 February 2026 Market overview Copper prices eased slightly this week, with benchmark contracts around US$5.75–5.80/lb (roughly US$12,600–12,800/t) on 18–19 February after record highs in late January. From the January peak near US$14,500/t, prices have pulled back about 11–13% but remain roughly 25% higher than a year ago. The […]
