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Shanghai copper gains on strong China demand, investors assess Mideast truce
Copper prices in Shanghai rose on Monday, supported by resilient demand in top consumer China, while investors weighed a fragile ceasefire between the United States and Iran which is set to expire and the future of peace talks between the two countries. The most active copper contract on the Shanghai Futures Exchange rose 0.73% to 102,780 yuan ($15,070.60) a metric ton, as of 0330 GMT. The benchmark three-month copper on the London Metal Exchange, nudged 0.07% lower to $13,338 a ton, after pulling briefly into the green, up slightly by 0.17%. The US said it had seized an Iranian cargo ship on Sunday, while Iran vowed ... (full story)
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- Apr 20, 2026 3:06am Posted byFundamental Analysis136
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