4COPD.XD is trading at €59.77 (+3.14%) as copper supply remains tight.

  • Constrained concentrate availability and copper prices near record levels are improving miners’ operating leverage and margins.
  • Reports also cite Chilean weather disruptions and potential U.S. tariff-related inventory movements.
  • Producers are outperforming copper futures; metals and chemicals are advancing despite weaker major U.S. equity indices, while rising yields and geopolitical risks remain secondary influences.