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Copper strides higher on hopes for stimulus after China plenum
Copper prices pushed higher on Thursday on hopes that top metals consumer China will unleash more stimulus in its new five-year plan. Benchmark three-month copper on the London Metal Exchange rose 1.6% to $10,834 a metric ton by 1430 GMT, its highest since October 14. LME copper has gained 23% so far this year, having touched its strongest in 16 months at $11,000 on October 9. China concluded its ruling Communist Party’s ongoing Fourth Plenum on Thursday, announcing that it aimed to build a modern industrial system and strong domestic market. A communique outlined China’s priorities in its next five-year ... (full story)
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From sprott.com | Oct 23, 2025
Copper surged decisively in September, breaking through the $10,000 per metric ton threshold and closing the month with a gain of 4.11%. This move marked the highest copper spot price in over a year (since May 2024), with the price ending the month at $4.64 per lb. Copper miners capitalized on copper prices rapidly nearing their all-time highs with an ...
