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The Economic Times
The Economic Times
Shivendra Kumar

Commodity Radar: Supply crunch, AI-led demand fuel copper’s record rally. Do current levels offer favourable risk-reward?

Domestic copper prices continued their sharp upward march on Tuesday, tracking global prices that have touched record highs amid growing concerns over supply disruptions and resilient long-term demand from electrification and artificial intelligence-linked sectors.

May copper futures rose 1.3%, hitting the day’s high of Rs 1,387 per kg. The price finished significantly higher on Monday, continuing the previous week’s uptrend.

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