LME copper (spot) closes above $13,100 per tonne on 22 July 2026 – Chilean production disruptions support the industrial metal
Hit
✦ AI-generated prediction
Published on 16. July 2026
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Predicted for 22. July 2026
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Based on: Ongoing Event
LME copper traded at ~$13,298/t ($6.34/lb) on July 16, 2026 (+0.78% day-on-day), up 15.89% YoY. Fundamental support: production declines in Chile due to water shortages, lower ore grades, unplanned maintenance, and labour disputes at several mines. Demand side remains stable (infrastructure, energy transition). The $13,100/t threshold is −1.5% below today's level, requiring a significant demand shock to breach. No Polymarket market available; estimate based on current price and supply-side disruptions.
Data basis for this prediction
- Trading Economics: LME Kupfer $13.298/t ($6,34/lb), +15,89 % YoY (16.07.2026)
- Tacto / TradingEconomics: Chile Produktionsrückgänge – Wassermangel, Erzgehalte (Juli 2026)
- Metal Radar: LME Copper Juli 2026 Terminpreise (metalradar.com)
Note: This is an AI-generated statistical forecast for entertainment and information purposes. It does not constitute investment advice or a recommendation to buy or sell any financial instrument.
Verdict: Hit
[Vorzeitig entschieden] LME-Kupfer schloss am 22. Juli 2026 bei 6,44 USD/lb (−1,02 %), umgerechnet ca. 14.197 USD/t – klar über dem Schwellenwert von 13.100 USD/t. Quelle: Trading Economics
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