** Copper Sector Update – Early 2026** Copper prices have entered a consolidation phase in early 2026, pausing after a significant 62% appreciation recorded in the previous year. While the 2025 rally was substantial, recent upside has been curtailed by bouts of profit-taking and elevated market volatility, leading to a softening of near-term momentum. Despite the current plateau, the medium-term outlook remains constructive. Analysts emphasize that underlying market fundamentals remain robust, with persistent supply constraints expected to provide structural support for valuations moving forward.