Copper remained above $14,200/ton after last week’s dollar weakness boosted investor buying and markets tracked global inventories. ANZ said large deliveries into LME warehouses have eased the most acute supply tightness, but concerns over import tariffs mean the US may still draw more copper from international markets. In European morning trade, LME three-month copper rose 0.2% to $14,207.50/ton, up more than 4% month-to-date.

2026-08-24

Copper remained above $14,200/ton after last week’s dollar weakness boosted investor buying and markets tracked global inventories. ANZ said large deliveries into LME warehouses have eased the most acute supply tightness, but concerns over import tariffs mean the US may still draw more copper from international markets. In European morning trade, LME three-month copper rose 0.2% to $14,207.50/ton, up more than 4% month-to-date.