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Copper Prices Flat Amid Supply Chain Constraints and Strong Demand

Guavy AI Editorial Team Published July 31, 2026

Instruments

Copper

Copper prices remain steady at $6.4835 per pound, despite recent disruptions in Chile's mining operations due to severe storms.

The supply chain constraints are supporting the price strength of copper, with robust near-term demand from the US adding to the squeeze.

Technical indicators are mixed, with some signals pointing to continued buying interest while others suggest sellers dominate the short term market.

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