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Copper exceeds $15,000 per ton by December 2026

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Copper exceeds $15,000 per ton by December 2026

Market overview

Copper prices are currently trading at $14,000 per ton, and strong demand from renewable energy and infrastructure projects is expected to persist. Supply constraints in major mining regions, such as Chile and Peru, are unlikely to ease significantly by year-end.

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Implied probability (Yes)
72%

Source: user-generated

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