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Copper prices to drop below $8,000 per ton by mid-2025?
4
Resolution / Starting Odds
Yes • 50%
No • 50%
London Metal Exchange daily closing prices
Story
Copper Prices Hit $10,000 Per Ton, Highest Since 2022 Amid Green Industry Demand
Apr 26, 2024, 10:04 AM
Copper prices have surged to their highest levels since April 2022, reaching $10,000 per ton for the first time in two years. This significant increase is driven by growing speculation that global copper mines will not be able to meet the anticipated demand from green industries. The current market conditions suggest that this price surge may continue as the industry struggles to keep up with the demand.
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