Industrial Metal Prices Experience Significant Surge

Strong Demand and Supply Constraints Drive Price Increases

Industrial metal prices demonstrated a unified upward trend as global supply constraints and strong demand from key sectors drove market activity. On December 19, 2025, major industrial metals saw significant price movements: copper prices rose 0.88% to US$ 11,881 per ton, tin increased 0.77% to US$ 43,227 per ton, and aluminium gained 1.47% to US$ 2,958 per ton.

Fundamental Factors Supporting Price Growth

Analyst Lukman Leong from Doo Financial Futures attributes the price strengthening to solid fundamental factors, noting that all three metals continue to face supply constraints while maintaining high demand levels. The situation is further exacerbated by market participants stockpiling metals like copper in anticipation of increased demand for AI data center development.

Market Sentiment and Future Outlook

Lukman Leong highlighted that future metal prices will be influenced by several key factors, including government policies particularly in China, and the direction of interest rate policies by major central banks such as the US Federal Reserve. The prospect of interest rate changes by the Fed could provide either additional support or pressure on metal price increases.

Implications for Industrial Metal Market

The current market dynamics suggest that industrial metal prices are likely to remain strong in the near term, supported by tight supply conditions and robust demand from various industrial sectors. The ongoing energy transition and technological advancements continue to play a crucial role in shaping the demand landscape for these metals.