Copper prices have been on the rise for four consecutive weeks, approaching the $10,000 mark.

Jin10 data reported on September 1, LME copper prices are nearing the important threshold of $10,000 per ton. Last month, driven by a weaker dollar and relatively strong demand, copper prices have risen, accumulating about a 3% increase in August. The last time copper prices surpassed $10,000 was in July. However, it has been proven that despite some predicting a fall in copper prices after President Trump did not impose tariffs on this most widely traded metal, copper prices have remained relatively resilient. U.S. copper futures prices are still above the global Benchmark London copper prices, and copper materials continue to flow into the U.S.