My January 20, 2026, Barchart quarterly report on the base metals sector highlighted LME copper forwards and COMEX copper futures, which posted gains of over 41% in 2026. I concluded the report with the following: I remain bullish on base metals, but would only enter or add to long risk positions on price corrections. Expect price volatility, and you will not be disappointed.   More News from Barchart LME copper forwards and COMEX copper futures closed 2025 at $12,423 per ton and $5.6820 per pound, resp ...

I asked if copper was setting a base for a new high in a November 18, 2025, Barchart article, where I concluded with the following: I expect copper prices to continue their upward trajectory as technical and fundamental factors support the red nonferrous metal. However, long copper exposure through the CPER ETF during price corrections has been optimal, and that trend is likely to continue. At around the $5 per pound level in November 2025, copper futures could be setting a base for even higher highs in 20 ...