Non-ferrous
Non-ferrous
Base Metals
Rare Earth
Scrap Metals
Minor Metals
Precious Metals
New Energy
Price CenterDatabaseProReportsEventsCar Insight
SMM Morning Review - 2010/1/27 Copper Market
SHANGHAI, Jan. 27 (SMM) -- The US stock market tracked downward again following the news of liquidity concerns in China. As a result, the US dollar advanced, with the US dollar index climbing to around 78.4. LME copper prices closed at USD 7,395/mt, down USD 70/mt.
Base metal market was depressed by frequent news of credit tightening recently, and so copper prices will continue to show weak performance in the short term. However, SMM believes the negative impact from tighter liquidity is mainly on physiology, and the actual decline of liquidity will be limited. Hence, there is still possibility that copper prices will likely rise before the arrival of Chinese New Year holiday.
To contact the writer on this report: iriszhu@smm.cn
Copyright © SMM. All Rights Reserved
None of this material may be used for any commercial or public use in any forms or means, without the prior written consent of SMM. For reproduction issue, please contact us by email: service.en@smm.cn
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.
For queries, please contact Lemon Zhao at lemonzhao@smm.cn
For more information on how to access our research reports, please email service.en@smm.cn
SMM Events & Webinars
All- Sep26
2025 ASIA BATTERY MATERIAL COOPERATION SALON
Sep 26 - 26,2025Time：9.26 2025 Place：Seoul， South KoreaSeoul， South Korea
- Oct14
SMM LME Metals Seminar 2025
Oct 14 - 14,2025Emmanuel Centre，London , the United Kingdom
- Oct16
AICE 2025 SMM (14th) Aluminum Industry Annual Conference
Oct 16 - 17,2025Zhengzhou, Henan Province
Shanghai Metals Market
Privacy PolicyCompliance CentreSMM Credit ServiceContact UsAbout UsTerms & ConditionsSitemapHoliday Pricing Schedule
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
Copyright © 2025 SMM Information & Technology Co., Ltd. All rights reserved.
