Copper Poised For Best Year Since 2009 After December Surge [Yahoo! Finance]
HONG KONG EX&CL UNSP/ADR (HKXCY)
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Source: Yahoo! Finance
Investors have piled into copper on expectations that a rush of metal to the US — aimed at front-running possible import tariffs — will put buyers in the rest of the world in a tight spot. Prices on the London Metal Exchange are now on track for an annual gain of about 40%, the biggest since 2009. Most Read from Bloomberg New York's Congestion Pricing Is Working. Five Charts Show How With Mamdani, the Humble Bus Gets Its Due As Zipcar Leaves London, Car-Share Boosters Are Looking for a New Ride When It Comes to US Transportation, 2025 Had Some Wins, Too On Wednesday, prices rose as much as 1.8% to an all-time high of $12,282 a ton, before trading at $12,243 by 14:35 p.m. Shanghai time. “Factors including supply disruptions, global liquidity expectations, and relatively stable macroeconomic growth, have accelerated the year-end surge in copper prices,” Xiao Jing, chief non-ferrous metals analyst at SDIC Futures Co. said in a note. “Prices may continue to rise around the
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News
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- Supply and Tariff Woes Send Copper Prices to Record High above $12,000 [Yahoo! Finance]Yahoo! Finance
- Copper Nears $12,000 a Ton as Supply Cuts Fuel Annual Surge [Yahoo! Finance]Yahoo! Finance
- Copper roars toward $12,000 in 2025 record rally—meet the stocks riding the boom [Seeking Alpha]Seeking Alpha
- Reassessing Hong Kong Exchanges and Clearing (SEHK:388) Valuation After a Recent Rebound in Investor Sentiment [Yahoo! Finance]Yahoo! Finance