Copper Prices Stable Amid Supply Disruptions and Tech Demand
Copper prices have remained flat at $6.6283 after a modest decline in the latest session, according to data from Traders Union.
The asset is currently trading below its short-term moving average but above its intermediate and long-term trend levels.
Persistent supply disruptions at major mines are contributing to market tightness, alongside firm global demand for the metal.
Supply chain constraints for technology and AI infrastructure add complexity to the existing robust consumption landscape, further limiting market flexibility.