The final reading of the manufacturing PMI in the euro zone in May was 44.8, compared to the expected 44.6 and the previous reading of 44.6.
The final reading of German manufacturing PMI in May was 43.2, higher than the expected 42.9 and the previous reading of 42.9.
![Weakening copper prices boost consumption demand; limited cargo availability at Lingang prompts cautious downstream restocking [SMM Yangshan spot copper]](https://imgqn.smm.cn/usercenter/BdFZr20251217171712.jpg)

![Futures pullback combined with persistently tightening available supply, Shanghai spot copper premiums hit a new high for the year [SMM Shanghai spot copper]](https://imgqn.smm.cn/usercenter/mqFqG20251217171710.jpg)
