Key Facts
Copper futures proxy rose the CPER tracker added 1.63% to settle at US$39.99 on Friday, August 21, 2026, reflecting futures-linked pricing rather than physical spot metal.
Southern Copper surged shares of the Peru- and Mexico-focused producer closed up 8.69% at US$216.00, the strongest move on the board.
Freeport-McMoRan jumped the US-listed miner with major South American assets rose 7.64% to US$76.66 in the same session.
Dollar weakness helped a softer US dollar made dollar-priced copper more attractive to overseas buyers, supporting the complex.
