Copper Bull Run Ing

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Copper Bull Run Ing

Copper'S Bull Run On The Horizon?

The overall mood in the metals market is very positive, and this has also lifted Copper to all-time highs. The key reasons for this bullishness in the market are the falling US Dollar, lower rates, and a favorable macro backdrop.

Also, the low inventories have contributed to higher metal prices as demand remains steady. But out of all the other markets, Copper remains a top performer.

Copper Prices Up By 20%

The Copper prices are up by 20% YTD, which is quite good given all the trade frictions. Looking ahead, experts believe that the upside in Copper will continue as the Fed is expected to cut the rates even in 2026.

Meanwhile, an increase is seen in the supply disruptions while the demand remains steady. So, this has created a perfect mix which supports higher Copper prices.

For starters, a major disruption was seen in the Grasberg mine. That's the 2nd largest mine of Copper, and this disruption is surely to affect the metal's price.

In the medium term, experts believe that Copper demand will also depend a lot on trade negotiations between the US and China.

But, the overall sentiment remains bullish for Copper as it's also supported by higher structural demand. In addition, Copper demand remains high because of renewable infrastructure, electrification, and AI data centers.

So, in a sense, we can say that Copper is an integral component for the new AI revolution! That's why experts believe that even the smelters in China are now planning to increase their Copper shipments to cope with the higher demand.

The bottom line is that demand remains high in both the short and the long term. Also, the supply disruptions will ensure that the Copper prices don't drop too much!

Based on all of the fundamentals, it is clear that we are on the verge of a major bull run in the Copper market.

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