---
title: "Copper Prices Hit Record High Amid Supply Concerns and Tariff Fears"
publication: "MediaBias News"
url: "https://mediabias.news/business/copper-prices-hit-record-high-amid-supply-concerns-and-tariff-fears"
api: "https://mediabias.news/api/v1/stories/copper-prices-hit-record-high-amid-supply-concerns-and-tariff-fears"
markdown: "https://mediabias.news/business/copper-prices-hit-record-high-amid-supply-concerns-and-tariff-fears.md"
audio: "https://mediabias.news/api/audio/copper-prices-hit-record-high-amid-supply-concerns-and-tariff-fears"
category: "Business & Economy"
published: "2026-09-07T19:25:12.783Z"
source_reported: "2026-09-07T18:16:43.000Z"
updated: "2026-09-07T19:25:12.783Z"
trust_score: 42
critic_score: 57
hype_score: 60
assessment_type: "coverage-and-source-reporting-analysis"
fact_check_status: "not-performed"
coverage_measured: "2026-09-07T20:15:23.074397+00:00"
---

# Copper Prices Hit Record High Amid Supply Concerns and Tariff Fears

*Benchmark copper on the London Metal Exchange surpassed previous peaks, driven by expectations of US tariffs and tight global supplies.*

**Scores for the source reporting** (0-100, assessing the original journalism this article was written from, not this write-up): 

- Trust 42 of 100, higher is better. Central claim attributed to Reuters report, with specific figures and dates, but relies on anonymous sourcing for some details.
- Craft 57 of 100, higher is better. Reports include specific figures and dates, but lack direct quotes from affected parties or discussion of future events.
- Hype 60 of 100, lower is better. Headlines promise record highs, with some articles using sensational language like 'alarm' and 'turbulence'.

Scored by MediaBias News; method at https://mediabias.news/methodology.

**The short version**

- Copper prices reached a record high of $14,533 a metric ton on the London Metal Exchange.
- The price increase is attributed to concerns about tight supplies outside the US and potential US tariffs.
- Comex copper stocks stood at a record 695,624 metric tons.
- Inventories in warehouses monitored by the Shanghai Futures Exchange were at their lowest level since January 2024.

Copper prices on the London Metal Exchange (LME) reached a record high of $14,533 a metric ton. This surpassed the previous peak set in January. The surge is attributed to concerns about supply shortages outside the United States and the potential for new US tariffs. The price later saw a slight decrease, trading at $14,518 a ton, still up 0.7%.

Comex copper stocks reached a record 695,624 metric tons. Inventories in warehouses monitored by the Shanghai Futures Exchange were at their lowest level since January 2024, indicating tightening supplies in China. Zinc prices also gained 1.1% to $3,988 a ton, supported by tight supply conditions. A weaker US dollar provided broader support to base metals.

## Disagreement on Comex Copper Stocks

The Times of India reported that Comex copper stocks stood at a record 766,795 short tons, or 695,624 metric tons. Other reports did not specify the Comex copper stock levels.

## What the coverage left out

None of the centre or right-rated reports mentioned the record low levels of inventories in warehouses monitored by the Shanghai Futures Exchange, a detail present in The Times of India report.

## Who covered it

Shares of the 6 covering outlets with a published leaning rating:

- Left: 0% (0)
- Centre: 17% (1)
- Right: 83% (5)

17 of 23 covering outlets carried no usable leaning rating and were excluded from those percentages. Coverage measured 2026-09-07T20:15:23.074397+00:00.

**Coverage watch:** developing. Checked 6 times; 0 checks found a material change. Most recently checked 2026-09-07T20:45:16.717Z.

## How the sides framed it

### Left

No separate framing summary.

### Centre

- France24 led on the record price of copper, stating it was driven by "the possible introduction of new tariffs in the United States and by fears of insufficient production." The report noted the price reached new highs on the London Metal Exchange on Monday.

### Right

- The Times of India reported that copper prices hit a record high, fuelled by "the prospect of shortages outside the U.S." and a softer dollar. It detailed that benchmark copper on the LME touched $14,533 a metric ton, surpassing its previous all-time peak. The report also noted that traders and producers have been shipping large volumes of copper to the US since President Donald Trump first mooted import tariffs. Nemos News Network and Zero Hedge highlighted that "US buyers purchase record volumes from the seaborne market, with imports reaching 200,000 tons in July" and that "A phased US tariff would keep that buying in motion for longer, further tightening the ex-US market." Moneycontrol stated copper "surges to all-time high as tariff turmoil rocks market."

**Provisional coverage gap:** left. The watch is not closed, so this is not yet a settled blindspot finding.

## Factuality profile of the covering outlets

These are published factuality ratings of the outlets, not a verdict on whether this story or its claims are true.

- low: 2
- mixed: 2
- high: 2
- unknown: 17

## Verification scope

This page compares coverage and scores the source reporting. It is not a ClaimReview verdict on whether the underlying event or claim is true.

## Original reporting this was written from

- [asiae.co.kr](https://asiae.co.kr/article/2026090803164301668) — Copper, the Highest in History Due to Tariff concerns... $11,4533 per Ton
- [sofokleousin.gr](https://sofokleousin.gr/agores/xalkos-se-nea-rekor-en-meso-prosdokion-gia-neous-amerikanikous-da) — Copper: At New Record Amid Expectations for New U.S. Tariffs
- [La Tercera](https://latercera.com/pulso/noticia/el-cobre-sube-y-registra-su-tercer-mayor-valor-en-la-historia) — Copper Rises and Records Its Third Highest Value in History
- [abcgazetesi.com.tr](https://abcgazetesi.com.tr/ekonomi/bakirda-tarihi-rekor-fiyatlar-14-bin-500-dolari-asti-871740) — Copper Prices Hit a Historic Record! Prices Exceed $14,500!
- [Capital.gr](https://capital.gr/agores/4015150/xalkos-neo-istoriko-rekor-sto-lme-me-fonto-tous-dasmous-tramp) — Copper: New Historic Record on LME Amid Trump Tariffs
- [Financial Intelligence](https://financialintelligence.ro/cotatia-cuprului-a-atins-un-nou-maxim-istoric-pe-fondul-ingrijorarilor-cu-privire-la-productie-si-tarife-vamale) — Copper Quota Has Reached a New Historical Peak, Based on Concerns About Production and Customs Tariffs
- [antena3.ro](https://antena3.ro/economic/cuprul-a-ajuns-la-cel-mai-mare-pret-cotat-in-istorie-la-bursa-metalelor-de-la-londra-motivul-donald-trump-802350.html) — The Cup Has Reached the Highest Price Ever Rated at the London Metal Exchange. Reason: Donald Trump
- [Les Affaires](https://lesaffaires.com/bourse/economie/le-cours-du-cuivre-atteint-un-record-absolu) — The Price of Copper Reaches an Absolute Record
- [Cryptocurrency information | Cryptocurrency News | Bitcoin News and Crypto Guide…](https://coinpedia.org/crypto-live-news/copper-prices-today-hit-record-high-above-14500-a-ton) — Copper Prices Today Hit Record High Above $14,500 A Ton
- [Times of India](https://economictimes.indiatimes.com/markets/us-stocks/wall-street-guide/copper-touches-record-high-focus-on-tight-supplies-outside-us/articleshow/133889161.cms) — Copper touches record high, focus on tight supplies outside US
- [France24](https://france24.com/fr/%C3%A9co-tech/20260907-cours-cuivre-atteint-nouveau-record-fond-inqui%C3%A9tudes-production) — Copper Prices Hit a New Record Amid Concerns About Production
- [BFM Bourse](https://tradingsat.com/actualites/marches-financiers/porte-par-une-demande-bien-superieure-a-l-offre-et-la-menace-de-nouveaux-droits-de-douane-americains-le-cuivre-atteint-un-record-historique-a-la-bourse-de-londres-1169700.html) — Market: With Demand Well Above Supply and the Threat of New US Tariffs, Copper Reaches a Historic Record on the London Stock Exchange
- [ekonomim.com](https://ekonomim.com/ekonomi/bakir-fiyatlari-tum-zamanlarin-en-yuksek-seviyesine-ulasti-haberi-916787) — Copper Prices Have Reached an All-Time High.
- [NDTV Profit](https://ndtvprofit.com/markets/copper-prices-hit-all-time-high-as-tariff-turmoil-roils-market-12014704) — Copper Prices Hit All-Time High As Tariff Turmoil Roils Market
- [infomoney.com.br](https://infomoney.com.br/mercados/cobre-dispara-para-maxima-historica-enquanto-turbulencia-tarifaria-pressiona-mercado) — Copper Shoots for Historical Maximum While Tariff Turbulence Presses Market
- [El Comercio](https://elcomercio.pe/economia/mercados/precio-del-cobre-alcanza-un-maximo-historico-mientras-la-incertidumbre-arancelaria-sacude-el-mercado-cobre-mercados-noticia) — Copper Price Reaches a Record High as Tariff Uncertainty Shakes the Market
- [Nemos News Network](https://nemosnewsnetwork.com/the-copper-chart-causing-alarm) — The Copper Chart Causing Alarm
- [Dagens industri](https://di.se/live/kopparpriset-lyfter-till-nytt-rekord) — Copper Price Rises to New Record
- [BizToc](https://biztoc.com/x/fa48b54330c31d61) — The Copper Chart Causing Alarm
- [Moneycontrol](https://moneycontrol.com/news/business/commodities/copper-surges-to-all-time-high-as-tariff-turmoil-rocks-market-14024630.html) — Copper surges to all-time high as tariff turmoil rocks market
- [Crypto Briefing](https://cryptobriefing.com/copper-record-price-lme-tariff-expectations) — Copper surges to record price on London Metal Exchange amid tariff expectations
- [insider.gr](https://insider.gr/agores/423843/neo-istoriko-ypsilo-gia-ton-halko-en-anamoni-neon-dasmon) — Copper: New Historic High Pending New Tariffs
- [Zero Hedge](https://zerohedge.com/commodities/copper-chart-causing-alarm) — The Copper Chart Causing Alarm

## Questions

**What is the record price for copper?**

Copper prices reached a record high of $14,533 a metric ton on the London Metal Exchange. This surpassed the previous all-time peak of $14,527.50 reached in January.

**What is causing copper prices to rise?**

The price increase is attributed to concerns about tight supplies outside the United States and the potential for new US tariffs. A weaker US dollar also provided broader support to base metals.

**What are the current stock levels for copper?**

Comex copper stocks stood at a record 695,624 metric tons. Inventories in warehouses monitored by the Shanghai Futures Exchange were at their lowest level since January 2024.

---

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