July Copper futures reached a 15-week high of 6.2445, tracking toward their first weekly gain in three weeks. The supply side faces renewed pressure as a 44% surge in Chilean sulfuric acid prices follows China's export ban. This shortage directly impacts mining, where acid is essential for leaching the metal from oxide ore. Broader sentiment across the metals complex has lifted as geopolitical tensions ease. Longer-term, large-scale data center construction continues to reinforce demand expectations tied to grid electrification.
FOLLOW THE MARKETS
Most Recent

CME Group is the world’s leading derivatives marketplace. The company is comprised of four Designated Contract Markets (DCMs). 
Further information on each exchange's rules and product listings can be found by clicking on the links to CME, CBOT, NYMEX and COMEX.

© 2026 CME Group Inc. All rights reserved.