Copper shows signs of recovery amid stabilization of the global market

Global trends in the precious and industrial metals markets indicate a gradual recovery in price levels. After a volatile period when copper contract prices on the London Metal Exchange (LME) fell by 15% from recent highs, a trend reversal is observed. According to the analytical portal Jin10, the price of copper on the LME has increased by 2% and is currently around $13,145.50 per ton. Simultaneously, as the copper market recovers, silver, gold, and other industrial metals are also seeing renewed quotes, signaling a shift in the global raw materials market phase.

Price Growth and Market Position Recovery

The positive dynamics of copper prices reflect broader stabilization processes in commodity markets. The recovery of copper prices occurs amid a complex macroeconomic situation, especially regarding monetary policy in the United States, which remains uncertain for investors. Li Xuezhi, head of research at Chaos Ternary, notes that the current price dynamics do not guarantee further sustainable growth. The specialist emphasizes that narrowing the price gap between contracts on the New York Mercantile Exchange and the LME has helped reduce liquidation risks, but this has also weakened the short-term upward momentum in the copper market.

Copper Market Outlook: Between Volatility and Long-Term Potential

Despite current short-term uncertainty, experts remain optimistic about long-term trends. According to analysts at Chaos Ternary, copper prices should stay elevated due to structural issues in the global mining and raw material supply system. Limited ore supply creates natural support for quotes, which could provide a solid foundation for the copper market in the long run, despite short-term volatility fluctuations.