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Copper futures trade higher on supply concerns

05 Jan 2026 Evaluate
Copper futures were trading higher on Monday on concerns over tightening supplies following a strike at the Mantoverde mine in Chile, while a surge in demand from the global energy transition and AI infrastructure also supported sentiments. Meanwhile, investors focused on key US economic data this week, led by the December jobs report on Friday, for insights into the Federal Reserve’s policy direction.

Copper futures for March delivery rose $0.1725 or 3.03% at $5.8640 a pound on the Comex metals division of New York Mercantile Exchange.

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