Copper Prices Soar: Tariffs, Supply Shortages, and AI Demand Fuel Rally

• Copper prices on MCX surged past 1,330 due to severe supply shortages and new US tariff fears.
• Production in South America is disrupted by adverse weather, strikes, and political instability in Chile and Peru.
• Global stockpiling by companies to avoid future higher prices is tightening supply in other markets.
• Strong demand from clean energy (EVs, solar, wind) and AI sectors (data centers, servers) is a major price driver.
• Despite potential minor pullbacks from China's high output, the long-term trend for copper remains bullish.

Why It Matters: Copper prices are rallying sharply due to supply constraints, US tariff concerns, and surging demand from green energy and AI.