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Copper rises with signs of improving demand from China
Benchmark three-month copper on the London Metal Exchange was up 0.4% at $9,980 a ton by 1601 GMT. The metal is down 2% since hitting $10,192.50, a 15-month high on Monday, as traders booked profits following the U.S. Federal Reserve’s rate cut on Wednesday. The Yangshan copper premium which reflects demand for copper imported into China, rose 1.8% to $57 a ton on Friday. Copper consumers in China purchase the metal for restocking in the run-up to the public holiday, which runs from October 1 to October 8 this year and usually slows overall activity. Copper is likely to trade between $9,500 and $10,500 a ton in the ... (full story)
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- Sep 19, 2025 1:13pm Posted byFundamental Analysis233
