Copper Price Surge: US Rises After LME Record High

Copper rose in the US after hitting a record high on the London Metal Exchange on Friday, with supply tightness exacerbated by an hours-long halt to trading.

The industrial metal advanced to a four-month high on the Comex on Monday in Asia. A chaotic hours-long halt to futures trading on the Chicago Mercantile Exchange led to a lack of liquidity and heightened volatility at the end of last week.