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This is your Daily Copper Price Tracker with Vanessa Clark podcast.

Welcome back to Daily Copper Price Tracker with Vanessa Clark, your go-to source for the freshest updates on copper prices, industry news, and practical insights for anyone keeping an eye on the world of metals. I’m Vanessa Clark, happy to be with you again today, Thursday, October twenty-third, twenty twenty-five, and I’ve got a packed update for you.

Let’s start with the big number everyone’s here for—the current trading price of copper. Comex copper for October delivery settled today at five dollars and eight cents per pound, which is about ten thousand eight hundred dollars per metric ton. According to Dow Jones Market Data and Morningstar, this marks the highest settlement since mid-October and puts copper up over twenty-seven percent from its low at the start of this year. On the London Metal Exchange, three-month copper contracts held strong above ten thousand eight hundred dollars per ton in recent trading.

This surge is being driven by a perfect storm of supply disruptions. Just this week, Chile’s Antofagasta, one of the largest copper producers in the world, cut its production forecast after operational challenges. Meanwhile, supplies have also taken a hit due to disruptions at major mines like Grasberg in Indonesia and El Teniente in Chile. Mining.com reports that these setbacks have pushed prices up by nearly two percent on Thursday alone.

On the demand side, copper is shining bright thanks to its key role in renewable energy, electric vehicles, and construction. The pressure isn’t letting up either. Wood Mackenzie analysts at the London Metals Exchange Forum pointed out recently that global electrification and the rollout of AI-driven data centers are pouring more fuel on the demand side of the equation. This trend is likely to last well into the next decade as countries invest in the energy transition and green technology.

But here’s something for the investors and industry watchers—Goldman Sachs is flagging the potential for even higher prices in the near future. During London’s LME Week, several traders told the bank they are ready to boost their positions if the price breaks through the ten thousand nine hundred dollar resistance. Add in a hefty arbitrage opportunity created by United States import tariffs, and some are betting we could see all-time highs again soon.

If you’re wondering whether copper’s rally means we’re headed for volatility, you’re not alone. Analysts are keeping a close watch, with many saying that while copper may fluctuate around five dollars per pound in the short term due to profit-taking and technical resistance, the general trend remains bullish given ongoing supply shortages and robust demand.

For anyone looking for actionable takeaways: if you’re in manufacturing, construction, or electronics, anticipate continued price pressure on copper supplies for the rest of this year and into next. For investors, keep your eyes on the ten thousand nine hundred dollar level, as experts suggest this price could trigger another round of buying.

That wraps up today’s Daily Copper Price Tracker. Thanks so much for tuning in with me, Vanessa Clark. If you found this update helpful, be sure to subscribe and join us again tomorrow for more essential updates and fresh insights from the world of copper. Have a great day and keep shining bright and bullish!

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