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Copper Slides in Thin Trading as Global Metal Stockpiles Rise
Copper declined in thin trading on the London Metal Exchange as rising stockpiles of the red metal and a selloff in US technology stocks weighed on sentiment. Futures in London fell as much as 2.1% to dip below $12,600 a ton, with global inventories tracked by the London Metal Exchange rising for an 11th day and reaching the highest level since March. Copper and other industrial metals got off to a sluggish start with Chinese markets closed for the Lunar New Year holidays, and came under further pressure as US equity markets reopened lower following the Presidents’ Day holiday on Monday. Near-record prices have ... (full story)
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From brecorder.com | Feb 17, 2026
Copper softened in thin Asia trade on Tuesday as a firmer dollar, coupled with increasing inventories and weak demand, pressured prices. Benchmark copper on the LME dropped 0.5% to $12,782.50 a metric ton at 0328 GMT. China’s Lunar New Year holiday this week means low volumes and possibly volatile moves due to settlement or rollover of maturing contracts on ...
From finance.yahoo.com | Feb 17, 2026
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