Copper prices (HG=F) are at an 11-month high and are up more than 6% year-to-date. A big reason for the move is tightening supply.

Yahoo Finance's Ines Ferré discusses the price action in the video above.

For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

Editor's note: This article was written by Stephanie Mikulich.