London copper eases on fading supply fears
Bullish strength: 35/100
- China's Yangshan copper premium reached $168 per ton, its highest level since 2014.
- SHFE-monitored copper stocks fell more than 25% to 54,356 tons last week.
Bearish strength: 65/100
- London copper fell 0.37% to $14,269.5 per metric ton.
- LME warehouse stocks reached their highest level since July, easing supply concerns.
- The global refined copper market shifted to a surplus in August.
- High energy prices and AI-related stock market jitters are weighing on copper demand sentiment.
This is automated NewsSignals analysis of third-party reporting, not independent original reporting or investment advice. AI scores are not price predictions.