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Copper Rallies to Fresh All-Time High in Commodity News 13/05/2026 Copper futures climbed to around $6.6 per pound on Wednesday, reaching fresh all-time highs on the back of stronger Chinese demand and growing supply concerns. Recent data suggested resilient industrial activity in China despite geopolitical headwinds, while consumption remained robust across power grids, renewable energy, and artificial intelligence-related infrastructure. The ongoing rally in AI equities has also reinforced expectations for continued investment in data centers, further supporting copper demand. On the supply side, disruptions to sulphuric acid availability linked to the US-Iran conflict raised concerns over tighter global supply conditions. Meanwhile, President Donald Trump is scheduled to meet Chinese President Xi Jinping this week, though he noted that trade discussions will take precedence over the Iran situation. Source: Trading Economics 2026-05-13 hellenicshippingnews... window.___gcfg = {lang: 'en-US'}; (function(w, d, s) { function go(){ var js, fjs = d.getElementsByTagName(s)[0], load = function(url, id) { if (d.getElementById(id)) {return;} js = d.createElement(s); js.src = url; js.id = id; fjs.parentNode.insertBefore(js, fjs); }; load('//connect.facebook.net/en/all.js#xfbml=1', 'fbjssdk'); load('https://apis.google.com/js/plusone.js', 'gplus1js'); load('//platform.twitter.com/widgets.js', 'tweetjs'); } if (w.addEventListener) { w.addEventListener("load", go, false); } else if (w.attachEvent) { w.attachEvent("onload",go); } }(window, document, 'script')); tweet Share
Copper Rallies to Fresh All-Time High
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