Copper prices have been reaching new historical levels, with this week marking new all-time highs for the industrial metal. Copper quotes have registered a steep upward trajectory, driven by multiple combined factors. The United States' tariff winds have played a significant role in pressuring prices. In parallel, strong global demand for the metal comes in a context of lower available supply. The scarcity of available stocks in the market has contributed to intensifying the pressure on prices, pushing copper to unprecedented levels.
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Old mines, strong consumption and falling supply push copper to records
Jornal de Negócios14 September 2026 at 07:30
Why this matters
Copper is an essential metal for industries such as construction, energy and technology, so these price records may be reflected in production costs and, consequently, in final consumer prices. The combination of lower supply and higher demand suggests that this high price trend may continue, affecting businesses and consumers who depend on this metal.
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