Shanghai copper kicks off 2026 strong on supply jitters
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Shanghai copper opened 2026 strong, rising 2.02% to 100,690 yuan per metric ton due to supply concerns from a strike at Capstone Copper's Mantoverde mine in Chile. The London Metal Exchange's three-month copper climbed 2.86% to $12,826.5 a ton. Other base metals also saw gains, with aluminium reaching a four-year high. Investors are evaluating the impact of recent geopolitical events, including a U.S. military operation in Venezuela.
Source: Reuters The copyright of this article belongs to the original author/organization.
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