Copper Hit a Record High as Chile Posts Its Weakest Output in 19 Years
Why now
Thesis: Record copper on Chile's 19-year output low tightens supply.
Catalyst to watch: Further Chilean output declines or LME stock draws.
Main risk: Demand slowdown could reverse copper prices.
Why it matters
Record LME copper with Chile output at 19-year lows tightens supply, supporting miners and electrification input costs.
Details
US Metal News News Commentary VANCOUVER, BC, Sept. 17, 2026 /PRNewswire/ -- London Metal Exchange three-month copper touched an intraday all-time high of $14,694 per tonne on September 8, 2026, surpassing the previous record of $14,527.50 set in January. The metal has come a long way in...
Related assets & topics
Copper (COMEX) · HG=FCopperUnited States Copper Index Fund · CPERGlobal X Copper Miners ETF · COPXFreeport-McMoRan · FCXSources
- prnewswire · 2026-09-17 14:04 UTC