Supply shortage expectations continue to intensify, and copper prices regain upward momentum, once again approaching historical peak levels. Supported by supply warnings due to mining output growth struggling to match demand growth, the London Metal Exchange(LME) copper prices rebounded 1.6% intraday, reaching $11,666 per ton, reversing the decline from the previous trading day. The commodity previously hit a new all-time high on Monday before briefly pulling back.

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