Stock Track | Jiangxi Copper Soars 5.03% Intraday on US-Iran Ceasefire Deal and Copper Price Rally

Stock Track06-02

Jiangxi Copper's stock price soared 5.03% during intraday trading on Tuesday.

The surge follows news that the United States and Iran reached a preliminary ceasefire extension agreement, easing geopolitical tensions. This development pushed London copper futures to a two-week high, providing a direct catalyst for copper producer stocks.

Fundamentally, institutions note a persistent global electrolytic copper supply-demand gap of approximately 100,000 tons. Demand from new energy sectors and artificial intelligence continues to drive copper consumption growth, providing underlying support for copper prices. The positive sentiment was reflected across the copper sector during the session.

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