[Copper Price Breaks $13,253 Per Ton, Setting a Record High] On January 6, copper prices continued their strong upward trend, with London three-month copper futures rising by 2% at one point, breaking through $13,253 per ton and surpassing the peak set on Monday. Since late November last year, copper prices used for wires and cables have risen by more than 20%. The market is concerned that the Trump administration may impose tariffs on refined copper, potentially leading to tighter global supply. Previously, Trump had driven a surge in copper shipments to the U.S. and decided to exempt refined copper from tariffs, temporarily halting related transactions. Recently, plans to revisit the tariff issue have reignited activity in related trade.