Non-ferrous
Non-ferrous
Base Metals
Minor Metals
Precious Metals
Scrap Metals
Rare Earth
Photovoltaic
New Energy
DashboardDatabaseProReportsEventsConsulting
News
Download our mobile app to
your devices
Home / Metal News / Copper / LME Copper Prices Soared to 7-Month High on Expectations over Chinese Demand Recovery
LME Copper Prices Soared to 7-Month High on Expectations over Chinese Demand Recovery
Jan 18, 2023 09:42
CSTSource:SMM
LME three-month copper contract prices surged to a seven-month high on Tuesday, as speculators bet that Chinese demand will pick up later this year. Copper prices have surged 11 percent so far this month on hopes of a recovery in Chinese demand.
SHANGHAI, Jan 18 — LME three-month copper contract prices surged to a seven-month high on Tuesday, as speculators bet that Chinese demand will pick up later this year. Copper prices have surged 11 percent so far this month on hopes of a recovery in Chinese demand.
At 17:00 London time on January 17 (01:00 on January 18 CST), three-month copper on the LME rose 2.0%, or $182.50, to $9,287/mt, the highest since June 2022.
Futures
For queries, please contact Michael Jiang at michaeljiang@smm.cn
For more information on how to access our research reports, please email service.en@smm.cn
Related news
Data: SHFE, DCE market movement (Sep 13)
The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on Sep 13, 2022
Sep 13, 2022 15:21CST
Data: SHFE, DCE market movement (Aug 18)
The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on Aug 18, 2022
Aug 18, 2022 15:18CSTData: SHFE, DCE market movement (Aug 9)
The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on Aug 9, 2022
Aug 9, 2022 15:19CSTCopper Prices Continued to Rebound with the Support of Fundamentals
The US Fed raised the federal funds rate by 75 basis points to 2.25-2.5% in July.
Aug 8, 2022 15:20CST
Data: SHFE, DCE market movement (Aug 8)
The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on Aug 8, 2022
Aug 8, 2022 15:19CST
Data: SHFE, DCE market movement (Aug 2)
The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on Aug 2, 2022
Aug 2, 2022 15:22CST
SMM Events & Webinars
All- May16
SMM the 18th International Zinc and Lead Summit & Expo 2023
May 16 - 19,2023SMM the 18th International Zinc and Lead Summit & Expo 2023Hunan，Changsha, China
- May09
2023 8th international new energy conference and industry expo
May 09 - 11,2023The theme of this conference is "Innovation Drives Development and Low Carbon Shapes the Future".Hunan•Changsha
- Apr24
SMM 18th International Copper Summit & Expo
Apr 24 - 26,2023SMM 18th International Copper Summit & ExpoYantai · Shandong
MOST POPULAR
Shanghai Metals Market
Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.
Drop us a line
service.en@smm.cn
How can we help you?
+86 021 5155-0306
Live chat via WhatsApp
+86 15221415920
Copyright © 2023 SMM Information & Technology Co., Ltd. All rights reserved.
