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๐Ÿ“ˆ Economy ยท Next Week

LME copper (spot) trades above $13,500 per tonne on July 18, 2026

Pending โœฆ AI-generated prediction Published on 12. July 2026 ยท Predicted for 18. July 2026 ยท Based on: Ongoing Event
Probability
42%

LME copper (spot) traded at approximately $13,090/t on July 8, 2026; the prior week it briefly touched ~$13,800/t (~$6.26/lb) before a pullback to a 2-week low. Reaching $13,500/t by July 18 requires approximately +3.1% upside from the July 8 level. UBS projects $14,000/t by September 2026 (bullish); Goldman Sachs expects a softer annual average (~$10,000โ€“$11,000/t). Structural tailwinds: energy transition, AI data centers. Headwinds: Chinese demand weakness, Iran conflict, Strait of Hormuz disruptions. No explicit prediction market anchor; own estimate: ~42%.

Data basis for this prediction
  • metalradar.com: LME-Kupfer Spot ca. 13.090 USD/t (08.07.2026)
  • UBS: Kupfer-Kursziel 14.000 USD/t bis September 2026 (abgerufen 12.07.2026)
  • Trading Economics: LME Copper Spot Price Chart (abgerufen 12.07.2026)
  • 247wallst.com: 'Intel and Applied Materials Dive, AMD Craters as Samsung Earnings trigger Chip Selloff' (07.07.2026)

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: Pending
This prediction is still open. It will be evaluated automatically against real-world sources after its due date.
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