-
Shanghai copper hovers below record high as Chinese demand picks up, dollar weakens
Shanghai copper hovered below a record high on Thursday as Chinese demand picked up and the U.S. dollar weakened. The most-active copper contract on the Shanghai Futures Exchange rose 0.40% to 95,640 yuan ($13,651.55) a metric ton as of 0330 GMT. Shanghai copper hit an all-time high of 96,750 yuan a ton on Wednesday, while the London benchmark also set a peak at $12,282, nearing the $12,300 mark. The London market is closed for the Christmas Holiday. Copper’s rise came as Chinese demand picked up in the run-up to the holiday season. Yangshan copper premium, a gauge of Chinese appetite for seaborne copper units, has ... (full story)
- Comments / Top
- Subscribe
-
- Older Stories
From beemarkets.com|Dec 25, 2025|2 commentsThe global trading system, which is finishing up one of its most transformational years of the past century, heads into another facing more challenges to stability and growth. ...
From boj.or.jp|Dec 24, 2025|3 commentsIt is a great honor to have this opportunity to address such a distinguished gathering of business leaders in Japan today. 2026 is now just a week away. Looking back over the past ...
From notayesmanseconomics.wordpress.com|Dec 24, 2025As we approach the end of the year and indeed the end of my blogging year I thought I would look back and what I consider to be the main move has in fact been kind enough to be in ...
-
- Newer Stories
From channelnewsasia.com|Dec 25, 2025Bank of Japan Governor Kazuo Ueda said on Thursday the nation's underlying inflation is accelerating gradually and steadily approaching the central bank's 2 per cent target, ...
From finance.yahoo.com|Dec 25, 2025The past year at the Federal Reserve saw the two sides of its congressionally mandated goals for maximum employment and stable prices in conflict — a situation not seen since the ...
From oilprice.com|Dec 25, 2025The headlines from the London Metal Exchange tell a story of a world on the brink of a copper famine. 2025 is closing out with prices up nearly 40%...the most violent annual move ...
- Story Stats
- Dec 25, 2025 4:00am Posted byFundamental Analysis244
- Instruments:
