Wednesday, October 8, 2025

Latest

Copper Retreats from May High as China’s Economic Boost Falls Short

Base metals markets are experiencing a significant downturn, with copper leading the decline amid concerns over demand in China, the world’s largest consumer of commodities. The LMEX Index, which tracks six base metals, saw a 5.6% drop in London last week, marking the most severe weekly slump in nearly two years.

Source: LME

Despite China’s recent efforts to bolster its economy through surprise interest rate cuts and plans to strengthen local government finances, copper prices continued to fall for the sixth consecutive day. The metal, often considered an economic indicator, has retreated from its record high in May due to weak Chinese demand and increasing global inventories.

June saw an unprecedented surge in China’s refined copper exports, more than doubling previous figures and surpassing the record set in 2012. This unusual export increase has contributed to rising global stockpiles. London Metal Exchange warehouses reported inventory levels more than twice as high as two months ago, reaching peaks not seen since the height of the pandemic.


Information for this story was found via Bloomberg, and the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Fortune Bay: The Potential Billion Dollar Project

Japan Gold Enters New Chapter as Barrick Alliance Concludes – John Proust

Barrick Mining’s “Company Defining [Gold] Discovery”

Recommended

Nord Precious Metals Produces High Grade Silver Concentrate From Tailings

ESGold Secures $9 Million In Non-Dilutive Funding From Ocean Partners

Related News

Singh Suddenly Sees The Bias In Johnston Report, Now Also Calls For Special Rapporteur To Resign

It seems it’s just dawning on New Democratic Party leader Jagmeet Singh what the impact...

Tuesday, May 30, 2023, 11:40:00 AM

Copper Stock Heating Up? – The Daily Dive feat John-Mark Staude of Riverside Resources

Today on the Daily Dive, live direct from the Mexico Mining Conference in Guadalajara, Mexico...

Thursday, November 26, 2020, 01:00:00 PM

UPDATED: Canadian Authorities Had Tracked Balloon Since Last Weekend

UPDATED: Original story has been modified. According to sources, Canadian officials had been tracking a...

Friday, February 3, 2023, 02:17:07 PM

Taiwan’s President Challenges China’s Territorial Claims: Why Not Reclaim Land from Russia?

President Lai Ching-te of Taiwan, in a recent interview with local media, challenged China’s assertions...

Saturday, September 7, 2024, 11:14:00 AM

This $25B Copper Project Has a 3.8-Year Payback | Ian Graham – Oroco Resource

In this interview, Ian Graham, President of Oroco Resource Corp (TSXV: OCO), talks about the...

Wednesday, March 5, 2025, 02:07:00 PM