Copper Prices Continue to Gain Momentum Copper remains in an upward trend, with London Metal Exchange (LME) prices rising to $9,331 per ton. The rally is supported by strengthening industrial demand, supply constraints, and growing investor interest. U.S. industrial activity has returned to expansion, further reinforcing base metals’ bullish outlook. China’s Post-Holiday Demand Recovery in Focus Copper prices are also benefiting from expectations of a post-Lunar New Year demand revival in China. Investors are closely monitoring manufacturing activity as it resumes, with signs pointing toward inventory replenishment in the coming weeks. The Yangshan premium has stabilized at $68 per ton, indicating that Chinese copper demand has normalized after a problematic 2024. U.S. Manufacturing Activity Rebounds Supporting this sentiment, recent data shows that U.S. manufacturing… Read more
