Copper Futures Hit Record on LME Amid US Tariff Speculation

Copper prices surged to an all‑time high on the London Metal Exchange as traders reacted to fears that the United States will expand its tariff regime on imported metals. Three‑month copper futures closed at US$14,510 per tonne on Monday after earlier climbing to a record US$14,533 during the session, eclipsing the previous peak set in January. The rally reflects a tightening supply crunch and heightened market expectations of tariff escalation. Analysts predict that copper prices will stay elevated in the short term as the supply‑demand imbalance persists. The record level underscores the sensitivity of commodity markets to policy shifts and supply constraints, prompting investors and industry players to reassess exposure and hedging strategies.