Copper: Not Just Metal, A Mega Trend! Long-Term Bull Run Begins

• Copper is transitioning from an industrial metal to a "mega trend" with a projected long-term bull run, driven by structural supply issues and surging demand.
• Supply growth is critically low (1-1.5% by 2026) due to mine disruptions (Grasberg, Chile, Africa), declining ore grades, and permit delays, leading to a persistent deficit.
• Demand is robust from energy transition, power grids, renewable energy, EVs, and rapidly growing AI data centers, intensifying market tightness.
• International copper prices surged over 40% in 2025 to $13,000/ton; projected to reach $14,150/ton internationally and ₹1,520 on MCX by 2026.
• Technical analysis shows a "rounding bottom" pattern, indicating a multi-year bull run; dips are considered buying opportunities for investors.

Why It Matters: Copper is a mega trend driven by structural supply deficits and strong demand, signaling a multi-year bull run.