Tag: copper surplus 2026

Subdued demand, falling imports in China drag prices lower Weak demand growth to push market to slight surplus in 2026 Copper prices on the London Metal Exchange (LME) declined by about $300/tonne (t) (2.3%) to $12,900/t on 01 May (as recorded at 11:40 IST) from $13,200/t a week ago, reflecting a cautious, bearish trend amid…