BUZZ-Copper miners fall as red metal prices slip from three-month peak on Chinese data

Reuters
2025.06.27 15:05
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Copper miners' shares declined as copper prices fell 0.5% to $9,850.50 per metric ton, retreating from a three-month high of $9,917. The drop was influenced by weak economic data from China and profit-taking, although losses were limited due to tight supply and strong premiums. Notable declines included Southern Copper down 1.5%, Freeport-McMoRan down ~1%, and Canadian miners Hudbay Minerals down 1.4%, Teck Resources down ~1%, and Ero Copper down 1.3%.