Copper prices climb on dip buying and tech stock recovery
Copper prices rose on Wednesday as investors bought the dip and tracked a tech stock recovery. The market found support despite rising global warehouse stocks.
Insights:
Copper prices rose on February 18, 2026, as investors stepped in to buy the dip, tracking a broader rebound in technology stocks that lifted the industrial metals sector . The move in the base metals complex followed a 1.3% recovery in the Nasdaq Composite in the United States 
US, which provided a contemporaneous cue for traders to re-enter the market after copper had previously reached a one-week low.
US, which provided a contemporaneous cue for traders to re-enter the market after copper had previously reached a one-week low.This price action occurred alongside a steady increase in exchange stocks. The London Metal Exchange reported that copper inventories rose for a 12th consecutive day to their highest level in 11 months. Significant inflows were noted across LME warehouses (including New Orleans and Kaohsiung) . This combination of rising inventories and the price rebound has significantly affected market liquidity and the price signals for industrial metals.
