Inventories of the metal are diverging across major exchanges as AI infrastructure build-up spurs demand and potential trade restrictions keep prices elevated.

Copper hit an all-time LME high of $14,527.50 per metric ton in January 2026, driven by US tariff fears, record imports, and mine supply

Los futuros de referencia a tres meses en la LME subieron hasta un 0,8%, cotizando a US$14.533 por tonelada, superando el récord anterior establecido en enero.

Copper prices hit a record high as concerns over shortages outside the US boosted buying, while a weaker dollar supported metals. LME copper touched $14,533 a metric ton,…