Copper nears 2026 highs on Chinese demand and tight supply

FinanceInternationalXTB.comOct 27, 2026, 2:59 PM30 s readAI summary

Copper regained momentum: the three-month contract on the London Metal Exchange reached US$14,490.50 per tonne, its highest level since October 16, while COMEX copper has gained about 18.2% so far in 2026. The Yangshan premium, a reference for Chinese appetite for imported metal, reached around US$188 per tonne, its highest in nearly 13 years, while Shanghai Futures Exchange inventories fell about 26.5% to 54,356 tonnes.

In 30 seconds

Three-month LME copper reached US$14,490.50 per tonne, its highest since October 16
The Yangshan premium rose to around US$188 per tonne, its highest in nearly 13 years
Shanghai Futures Exchange copper inventories fell about 26.5% to 54,356 tonnes

Read the full story at XTB.com

IASummary generated by artificial intelligence from a story by XTB.com. It may contain errors: the original source prevails.

cobre
materias primas
China
LME
inventarios

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Copper nears 2026 highs on Chinese demand and tight supply

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