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LME Copper Breaks $14,100, Up 1% on Tuesday Amid China Demand Recovery and Supply Tensions

GateNews

2026-05-13 07:31:49

According to financial media reports, LME copper surged to approximately $14,100 per ton on Tuesday, up about 1%, gradually approaching the record high of over $14,500 per ton set in January. The rally reflects multiple factors: recovering demand from China and tight sulfur supply—sulfuric acid being essential in certain copper production processes. Additionally, as copper is widely used in data centers and supporting power infrastructure, rising copper prices have become increasingly correlated with U.S. equities amid the AI boom.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

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