Translated with AI
Copper has emerged as one of the fastest-growing commodity markets in 2026. In recent months, copper prices have reached new all-time highs. On the COMEX, copper futures rose above $6.60 per pound, while on the London Metal Exchange, copper prices exceeded $13,000 per ton. What's next for copper prices, and how can you use this momentum to your advantage?
The main reason for the growth was a combination of several factors: the rapid development of artificial intelligence, large-scale construction of data centers, and a limited supply of copper on the global market.
Why is copper becoming a strategic metal?
Copper is one of the key materials in the modern economy. It is used in power lines, transformers, electric vehicles, batteries, cooling systems, and virtually all energy infrastructure. However, artificial intelligence has become one of the main drivers of demand in recent years.
According to S&P Global Market Intelligence, building AI data centers requires significantly more copper than traditional computing power. One megawatt of AI data center capacity requires approximately 47 tons of copper, while a similar cryptocurrency data center requires approximately 21 tons. According to the study "Copper in the Age of AI," global copper consumption associated with data centers and AI infrastructure could increase from 1.1 million tons in 2025 to 2.5 million tons by 2040. S&P Global warns that by 2040, the global market could face a deficit of approximately 10 million tons of copper unless new mines are brought online significantly faster.
So, if you had invested $1,000 in copper at the beginning of April 2026, at $5.60 per pound, and could have sold it at $6.18 in early July, your three-month profit would have been over 10%. Using a conservative 3x multiple, your profit would have been over $300.
What's next for the copper market?
According to a Reuters survey of analysts, the global copper market is already in a state of structural deficit. Experts expect a shortfall of 150,000 tons by 2026. They believe the main drivers of high copper demand include the rapid development of AI infrastructure, the modernization of global power grids, the growth of electric vehicle production, as well as a long-standing shortage of new large deposits and the long construction timeframes for new mines. Against this backdrop, financial market participants believe the price of copper could reach $15,000 by early 2027.
How to profit from this trend?
You can take advantage of rising copper prices using modern financial instruments. To get started, register on the Forex Club website, fund your account, and select a suitable asset. This could be copper itself or shares of major mining companies, whose financial results are largely dependent on the situation in commodity markets.
Further actions depend on the investor's expectations. If you believe the value of the selected instrument will increase, you can open a buy position. If you expect the price to decline, you can open a sell position. Technical analysis tools and financial news available directly on the platform allow you to monitor market conditions, analyze price dynamics, and choose the right time to enter into a trade.
Libertex offers a free demo account with $50,000 in virtual funds, which you can use to learn how to trade correctly without risking your own assets. After successfully trading on the demo account, you can easily switch to a live account to earn real profits.
Follow the global copper market outlook with Forex Club and use commodity price movements to find new investment opportunities and grow your capital.
