Commodities
Copper Extends Winning Streak to Five Sessions Amid Tighter Supply
Copper futures have extended their winning streak to five consecutive sessions, climbing to around $6.65 per pound on Monday.
The price gain is supported by stronger demand and expectations of tighter global supply.
Chinese copper demand, as measured by the Yangshan premium, has risen to $121 a ton, its highest level since November 2022.
Major producers such as Chile, Indonesia, and the Democratic Republic of Congo are facing disruptions at several key mines due to operational issues, fatal accidents, and severe storms.
Traders are closely watching US copper tariff policy and its potential effects on global trade flows.