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Copper rises on bullish Chile outlook as investors weigh Fed rate decision
Copper rose on Thursday as Chile’s state copper commission Cochilco lifted its price outlook to record levels, though gains were capped by caution in global markets and uncertainty over whether the US Federal Reserve will cut rates in December. The most-traded copper contract on the Shanghai Futures Exchange was up 0.34% to 86,250 yuan ($12,121.60) a metric ton as of 0310 GMT. The benchmark three-month copper on the London Metal Exchange also gained, up 0.28% to $10,783 a ton Copper’s gain came as Cochilco hiked its forecast of 2025 and 2026 copper prices to record highs, in line with market expectations amid ... (full story)
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- Nov 20, 2025 2:06am Posted byFundamental Analysis277
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