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Commodities

Copper Prices Firm as China Demand and Concentrate Supply Drive Market

Guavy AI Editorial Team
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Copper
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Copper prices rose this week as strong demand in China and tight concentrate supply continue to drive the market. The London Metal Exchange (LME) three-month copper price traded at $14,623 per ton on September 25, up 0.7% from a week earlier.

Falling Chinese inventories and firm import demand supported prices, while Chinese copper premiums remained elevated, indicating strong demand for imported metal.

Several smelters have announced maintenance schedules for October-November, raising concerns over near-term supply.

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