According to CNBC, copper is on pace for its best year since 2009 as a record price rally is fueled by AI-related demand and supply fears. According to CNBC, the report attributes the surge to accelerating AI infrastructure needs alongside tightening supply dynamics that are supporting bullish momentum.

According to @business, Chile, which accounts for about a quarter of the world’s mined copper, expects national copper output to expand this year despite setbacks at two major mines. Source: Bloomberg (@business). This outlook offers some respite to a tight global copper market, signaling improved near-term supply conditions for traders to monitor. Source: Bloomberg (@business).