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Copper’s Record-Breaking Rally May Be About to Take a Pause May 19 2021, 11:06 AM May 19 2021, 4:00 AM May 19 2021, 11:06 AM (Bloomberg Opinion) Is copper’s record-breaking rally nearing its end? There are more and more reasons to think so. (Bloomberg Opinion) Is copper’s record-breaking rally nearing its end? There are more and more reasons to think so. Three-month forwards on the London Metal Exchange hit an unprecedented $10,440 a metric ton last week, after nearly doubling in price in the space of a year. Since then, they’ve bounced around the same level, unsure whether to rise further or pause for breath.

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