Russia

Copper price hits all-time high on Comex

TASS English · 2026-09-08

AI SUMMARY

• What happened: The price of copper futures for December 2026 delivery on the Comex exchange reached an all-time high of $6.873 per pound, marking a 2.85% increase before settling at $6.844 per pound. • Why it matters: This surge in copper prices reflects growing demand and potential supply constraints, impacting various industries reliant on copper, including construction and electronics. • What to watch next: Market analysts will monitor copper price trends and any geopolitical or economic factors that could influence future price movements, particularly in relation to global demand and supply dynamics.

Copper price hits all-time high on Comex The price was up by 2.85% at $6.873 per poundMOSCOW, September 8. /TASS/. The price of copper futures contracts for December 2026 delivery on the Comex exchange (a division of the New York Mercantile Exchange) has hit an all-time high, according to trading data. The price of copper futures was up by 2.85% at $6.873 per pound. Later the copper price narrowed gains to 2.41% reaching $6.844 per pound. 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Source: TASS English
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