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Copper hits record highs as supply cracks and AI driven demand pull prices higher—are dips the play
Economy
Published on 12 May 2026
Record rally powered by supply squeeze, not just hype
Copper has surged to fresh record levels globally, including a rise on India’s MCX, as supply disruptions collide with growing demand from electrification and AI-linked industries. Analysts point to tightening supply chains and geopolitical tensions as major catalysts. Even after a pullback, they argue technical strength plus supportive fundamentals may keep the bullish trend intact, making recent declines tempting for investors.
- Copper prices are at record highs globally, led by MCX strength
- Supply disruptions and tighter supply chains are key drivers
- Demand is bolstered by electrification and AI-linked sectors
- Analysts see dip-buying potential despite a pullback
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times