LME Copper Futures Surpass $10,000 Mark, Reaching Highest Level Since Last October [Intraday News]

Published: Mar 20, 2025 09:52

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LME copper futures surpassed the $10,000 mark, reaching their highest level since October last year, as speculators increased buying.

A weak US dollar also supported prices, following the US Fed's decision to keep interest rates unchanged as expected, while signaling that policymakers anticipate cutting interest rates by 0.5 percentage points by the end of this year.

(As of around 9:40 a.m. on March 6, the market trend of LME copper)

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