Author: Drishya Yadav
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LME copper surges to 16-month high as global supply disruptions tighten market
LME copper hits $11,200/t, up 30% y-o-y on supply cuts Freeport’s outage, US-China trade optimism lift sentiment The benchmark three-month copper futures on the London Metal Exchange (LME) surged to a 16-month high of $11,200/t on 29 October 2025, surpassing the previous peak of $11,104/t set in May 2024. Prices are now up nearly 30%…