Copper headed for a record close after strong gains fuelled by signs of tighter short-term supply across the global market. The metal traded as much as 0.9 per cent higher on the London Metal Exchange (LME), putting it above the closing record that was set in mid-May. While growing optimism about demand from data centres and power grids is underpinning the advance, supply-side factors have been just as critical. Huge volumes of copper have been shipped into the US in 2026 in anticipation of a decision on import tariffs by President Donald Trump, pulling metal away from LME-tracked warehouses worldwide….
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