{
  "id": 1734703,
  "title": "Copper: Booming prices face supply risks – Commerzbank",
  "url": "https://urgent.news/2026/08/18/copper-booming-prices-face-supply-risks-commerzbank",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-18T15:09:10.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/copper-booming-prices-face-supply-risks-commerzbank-202608181509"
  },
  "original_language": "en",
  "account": "Copper prices have surged to near-record highs on the LME, with a notable cash-3-month spread fueled by dwindling LME stocks and US tariff-driven pre-emptive buying. Commerzbank's Barbara Lambrecht warns of potential supply risks due to weak smelter margins, possible production cuts in China and the Democratic Republic of the Congo, and slower mine development. Despite this, short-term import volumes are expected to keep rising. The demand-side risk lies in US market participants possibly benefiting from delayed customs duties on refined copper. Long-term supply concerns highlight a potential shortfall, with the IEA predicting a 25% shortfall by 2035 due to demand growth from technology and energy policies.",
  "summary": "Commerzbank’s Barbara Lambrecht highlights that Copper prices on the LME are close to record highs, with an unusually large cash–3‑month spread driven by falling LME stocks and tariff-related pre‑emptive buying in the US.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "FXStreet",
        "title": "European gas: LNG inflows key for prices – Commerzbank",
        "url": "https://urgent.news/2026/08/18/european-gas-lng-inflows-key-for-prices-commerzbank",
        "published": "2026-08-18T11:57:58.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}