Copper futures have risen by 16 since the beginning of the year.%

Copper rose to an all-time high on Tuesday amid concerns of a shortage of metal supply outside the United States.

The price of three-month copper futures rose to $14,617 per ton during trading on the London Metal Exchange (LME), updating the previous record. Since the beginning of this year, futures have risen in price by 16%. by 1.3%, to 110,620 thousand yuan ($16,484) per ton, at the same time, during trading, quotations rose to the highest since January 30, 110.89 thousand yuan per ton.

Physical copper supplies continue to be redirected to the United States by analysts from the Chinese brokerage company Everbright Futures.

The flow of metal to the United States is due to expectations of the introduction of duties on copper imports by this country from 2027.

Copper stocks in Comex warehouses rose to a record 695,624 thousand tons last week. At the same time, the outflow of metal is recorded in warehouses registered by the LME, as well as the Shanghai Futures Exchange. 0.54%, to $4005 per ton. Previously, their price rose to a four-year high of $4,035 per ton.