đš COPPER SLIPS â BUT SUPPLY RISKS ARE RISING
Copper dipped 0.2% to $14,595/ton, pressured by a stronger dollar and reduced risk appetite ahead of Chinaâs holiday.
đ But supply concerns are limiting the downside:
âą Copper is still +9% this quarter
âą LME cash copper premium hit $107.50/ton â highest since Sept. 1
âą BHPâs Escondida mine in Chile suspended operations after a fatal accident
âą Strike risks are emerging at Chileâs Centinela mine
âą China remains the key metals demand market
đ„ Record-high copper + tightening supply = a market traders are watching closely.
Will copper reclaim $14,875 and push toward new highs? đ
Trade Here đ $COPPER | $HEMI | $USDC
#BinanceWillListHyperliquid(HYPE) #US10YTreasuryYieldHits19YearHigh #USWeighsPromotingDollarStablecoinsAbroad #StreamerClub #Write2Earn
Copper dipped 0.2% to $14,595/ton, pressured by a stronger dollar and reduced risk appetite ahead of Chinaâs holiday.
đ But supply concerns are limiting the downside:
âą Copper is still +9% this quarter
âą LME cash copper premium hit $107.50/ton â highest since Sept. 1
âą BHPâs Escondida mine in Chile suspended operations after a fatal accident
âą Strike risks are emerging at Chileâs Centinela mine
âą China remains the key metals demand market
đ„ Record-high copper + tightening supply = a market traders are watching closely.
Will copper reclaim $14,875 and push toward new highs? đ
Trade Here đ $COPPER | $HEMI | $USDC
#BinanceWillListHyperliquid(HYPE) #US10YTreasuryYieldHits19YearHigh #USWeighsPromotingDollarStablecoinsAbroad #StreamerClub #Write2Earn
