Copper nudges up on support from stockmarket rally and China demand
Bullish strength: 75/100
- Copper gained as improving stock market sentiment lifted risk appetite.
- China's Yangshan copper premium reached its highest level since 2014.
- SHFE copper inventories fell more than 25% to 54,356 tons.
- AI infrastructure demand expectations supported copper sentiment.
Bearish strength: 25/100
- Copper's LME warehouse stocks rose last week, helping ease global supply fears.
- LME copper's price increase was limited to 0.04%.
This is automated NewsSignals analysis of third-party reporting, not independent original reporting or investment advice. AI scores are not price predictions.