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Copper futures trade higher on Monday

12 Jan 2026 Evaluate

Copper futures were trading higher on Monday, supported by growing expectations of stronger demand as top buyer China intends to introduce a policy package aimed at boosting domestic consumer demand. China's cabinet, chaired by Premier Li Qiang, held a meeting on Friday about implementing a package of policies that will boost domestic demand by leveraging coordinated fiscal and financial measures. Additionally, decrease in output at Chilean state-run miner Codelco in November and a softer American currency against its major peers overseas have also supported red metal prices.

Copper futures for March delivery rose $0.0980 or 1.66% at $6.0005 a pound on the Comex metals division of New York Mercantile Exchange.


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