Copper prices experienced a decline yesterday, closing down by 1.29% at Rs 1285.65, influenced by indications of weakening demand from the leading consumer, China. The Yangshan import premium, an important indicator of Chinese consumption, has decreased by 50% over the last month, reaching its lowest point since mid-2024. Concurrently, inventories in Shanghai Futures Exchange warehouses Read More
Copper Inventories
Copper prices increased by 1.18% to close at Rs 1,109.7, buoyed by positive sentiment regarding China’s dedication to an active fiscal policy in the coming year and the U.S. Federal Reserve’s recent interest rate reduction and expansion of its balance sheet. China’s official Xinhua news agency has indicated that policymakers are set to sustain fiscal Read More

