---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/42138523.md"
description: "The US Dollar Index surged to a 13-month high, copper prices fell below $6.3 per pound to a more than three-month low, and the copper mining sector was directly suppressed. $Freeport Mcmoran(FCX.US) fell by seven points, a relatively solid drop; $JIANGXI COPPER(00358.HK) and $CMOC(03993.HK) on the Hong Kong stock side also fell by three to four points, following copper prices and the strong dollar. The logic is straightforward — copper pricing is based on global demand and the US dollar. When both turn bearish, the profit elasticity of mining companies reacts first. Whether copper prices can stabilize above $6 in the short term is key to whether they can stop falling."
datetime: "2026-06-24T11:02:35.000Z"
locales:
  - [en](https://longbridge.com/en/topics/42138523.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/42138523.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/42138523.md)
author: "[Chalri喵M](https://longbridge.com/en/profiles/27346596.md)"
---

# The US Dollar Index surged to a 13-month high, cop…


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