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Copper prices reach record high of $11,004.50/tonne on London Metal Exchange amid supply shortage anticipation.
Copper hit a record high of $11,004.50 a tonne on the London Metal Exchange, as investors anticipate supply shortages and bet on a short squeeze in the New York market.
The global copper market is experiencing a significant squeeze, with prices on the Comex exchange reaching an all-time high last week.
This has triggered a rush to reroute metal supplies to the US and tighten supplies in other regions.
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Los precios del cobre alcanzan un máximo histórico de 11.004,50 dólares por tonelada en la Bolsa de Metales de Londres en medio de la previsión de escasez de oferta.