Copper Reclaims Six Dollar Mark as Data Center Expansion Accelerates

Supply Side Friction

Mining production in Chile and Peru remains constrained by labor friction and declining ore grades. This supply-side tightness is creating a permanent scarcity premium that protects copper from broader industrial market softness.

Restocking Signals

Despite the Lunar New Year holiday in Asia, early electronic trades indicate that industrial end-users are starting to place orders for March delivery, fearing further price increases when the market fully reopens.