Copper climbs on dip-buying, softer dollar - News Summed Up

Copper climbs on dip-buying, softer dollar


(Feb 9): Copper rose on Monday, as investors bought the dip after a volatile week, and the dollar turned softer. The most-active copper contract on the Shanghai Futures Exchange (SHFE) rose 1.78% to 101,780 yuan (US$14,679.24) a metric tonne as of 0308 GMT. The benchmark three-month copper on the London Metal Exchange (LME) added 0.40% to US$13,046.50 a tonne, sustaining above the US$13,000 mark. Last week, SHFE copper lost 7.70%, the steepest weekly fall since July 2022, and the LME copper declined 1.24%. Aluminium rose 1.11%, zinc climbed 0.67%, lead nudged 0.21% higher and nickel gained 1.46%.


Source: The Edge Markets February 09, 2026 03:56 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */