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Shanghai copper retreats from record high as weak China data sparks demand concerns
Shanghai copper prices retreated on Monday from a record high hit in the prior session, dragged down by revived demand concerns triggered by a raft of remaining weak data in top consumer China. The most-traded copper contract on the Shanghai Futures Exchange slid 1.49% to 92,180 yuan ($13,068.87) per metric ton, as of 0228 GMT. It hit a record high of 94,570 yuan on Friday.The red metal, widely used in power, construction and manufacturing, posted its biggest daily fall since December 9. China’s factory output and retail sales growth slowed further in November, weighed by weak domestic demand. Meanwhile, China’s ... (full story)
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- Dec 15, 2025 3:21am Posted byFundamental Analysis241
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