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ComMODITY: Copper in Shanghai falls after reaching a record high

15/12/2025
Source : ORISHAS FINANCE
Categories: Raw materials

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Penalized by the resurgence of concerns concerning demand, triggered by a series of economic data always disappointing prices in China, the largest consumer country, copper in Shanghai have fell back on Monday after reaching a record high the day before.

The most traded copper contract in Shanghai Futures Exchange fell by 1.49% to 92,180 yuan ($13,068.87) per ton metric, at 02:28 GMT.

It reached a record high of 94,570 yuan Friday.

Red, metal widely used in industries of energy, construction and manufacturing, recorded its most sharp daily decline since December 9. Industrial production and retail sales growth in China slowed further in November, penalized by weak domestic demand.

The reference price for copper at three months on the However, London Metal Exchange increased by 1.35% to 11,671. dollars per metric ton.

She fell by more than 3% after reaching her Highest all time on Friday.

SHFE aluminum has shrunk by 1.49%, nickel has lost 1.09%, lead fell by 0.26%, tin fell by 1.88% and zinc fell by 0.79%.

Among the other metals of LME, aluminum increased by 0.37%, lead by 0.15%, zinc by 1.06%, while nickel remained virtually unchanged and tin lost 0.22%

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