Copper prices continue to soar, reaching their biggest increase in 16 years! The supply "earthquake" in 2026 keeps detonating.

According to the Wisdom Financial APP, as investors bet that global copper supply will tighten by 2026, and taking into account the impact of the weakening US dollar, copper prices continue to rise. The price of copper on the Shanghai Futures Exchange rose by 2.7% to 98,780 yuan per ton. COMEX copper futures rose by 3% to $5.743 per pound, reaching the highest level since the short squeeze in July. LME copper futures rose by 0.53% to $12,117 per ton.