Tech Beetle briefing
Copper Unlikely to Follow Near-Term Gold Rally
Essential brief
Copper prices rallied to a record high of over $13,000 per ton last month, but retreated to about $12,700 this week as expectations of long-term demand
Key facts
Long-delayed water injection and gas-capture… The European Union is considering… Libyas first post-Gaddafi licensing round… By Tsvetana Paraskova - Feb 21, 2026, 6:00 PM CSTCopper prices rallied t…
Highlights
Long-delayed water injection and gas-capture… The European Union is considering… Libyas first post-Gaddafi licensing round… By Tsvetana Paraskova - Feb 21, 2026, 6:00 PM CSTCopper prices rallied t…
Why it matters
Copper prices rallied to a record high of over $13,000 per ton last month, but retreated to about $12,700 this week as expectations of long-term demand strength collided with massive stockpiling at the key exchange hubs in the U.S. and China. Despite an uncha…
Long-delayed water injection and gas-capture… The European Union is considering… Libyas first post-Gaddafi licensing round… By Tsvetana Paraskova - Feb 21, 2026, 6:00 PM CSTCopper prices rallied t…