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Bloomberg

Copper to Hit Record as Tariff Concerns Distort Market, ANZ Says

Thursday, September 3, 2026


Copper prices could reach record levels in early 2026 due to supply constraints at mines and sustained global demand, according to ANZ Group Holdings Ltd. The bank's assessment cited production challenges in the copper sector as a contributing factor to the price outlook. ANZ did not provide a specific price target or timeline beyond "early next year" in its statement.

Original reporting: https://www.bloomberg.com/news/articles/2026-09-03/copper-to-hit-record-as-tariff-concerns-distort-market-anz-says

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