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Copper futures trade down on holiday-thinned trading

16 Feb 2026 Evaluate
Copper futures were trading down on Monday on thinned trading because of the absence of Chinese investors during the week-long Lunar New Year holidays, and as the US markets are also closed for the Presidents’ Day holiday. Copper prices weakened further after reports that showing copper stocks on the world's three biggest metal exchanges have exceeded one-million metric tons for the first time in more than two decades, as an inventory build due to soft demand in China adds to recent stockpiling in the United States. Meanwhile, firm US dollar also dampened sentiments. Although, longer-term support remained in place for copper prices due to robust global demand from the energy transition and continued expansion of AI-powered data centers.

Copper futures for March delivery fell $0.0460 or 0.79% at $5.7570 a pound on the Comex metals division of New York Mercantile Exchange.



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