"Copper Price Surge: Supply Concerns Drive Bullish Predictions to Record High"
Copper prices are nearing a 15-month high due to supply fears and increased demand, particularly from China where manufacturing is picking up. The metal's role in the energy transition is also driving bullish calls, with analysts predicting potential explosive price upside in the next three years. Mine disruptions and a lack of new projects are compounding concerns about supply, leading to expectations of copper averaging $12,000 a ton by 2026.