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Copper futures end higher on Tuesday

13 May 2026 Evaluate
Copper futures closed higher on Tuesday, driven by mounting supply risks from global mining disruptions and tightened sulfur supplies in the Middle East. Moreover, accelerating demand from artificial intelligence (AI) and digital infrastructure continued to support high copper prices. Meanwhile, investors closely tracked developments around the fragile ceasefire in the Iran war and awaited a high-stakes summit between US President Donald Trump and Chinese President Xi Jinping in Beijing.

Copper futures for July delivery rose $0.0705 to settle at $6.5310 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was up by 0.56% at $14,021 a ton.

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