Archive · 12 Jun 2025
London Copper Prices Rise Amid Trade Deal Uncertainty
Copper prices in London went up a little bit, but the market is still worried about things changing with the U.S. and China trade deal.
Copper prices in Shanghai went down slightly.
The reason for the changes could be a weaker demand in China.
The U.S. and China have agreed to a trade truce.
The U.S. dollar got weaker, which usually helps metal prices.
Other metals like zinc, lead, and aluminum also saw some gains, while nickel and tin prices dropped.
The market is watching out for more news and economic updates.
London copper prices rose on Thursday.
Three-month copper on the London Metal Exchange was up 0.4% at $9,683.5 per metric ton.
The most-traded copper contract on the Shanghai Futures Exchange lost 0.7% to 78,610 yuan a ton.
U.S. and China reached agreement on a trade truce.
The dollar slid after U.S. inflation rose less than expected in May.
- Who
- The London Metal Exchange and Shanghai Futures Exchange
- What
- London copper prices rose.
- When
- Thursday, June 12
- Where
- London and Shanghai
- Why
- Uncertainty over the U.S.-China trade deal and a weaker dollar.
Positive Factors
Negative Factors
Trade Deal Effects
Positive Factors
Trade truce between US and China.
Negative Factors
Persisting uncertainty on further developments.
- LME Copper Price
- $9,683.5 per metric ton
- SHFE Copper Price
- 78,610 yuan a ton
- Zinc LME
- $2,666 per ton
- Aluminum SHFE
- 20,395 yuan a ton
- SHFE Copper Inventories
- 107,404 tons (week ended June 6)