Copper Slips After Record Surge on Supply Fears -- Market Talk

Dow Jones12-04 17:48

0947 GMT - Copper slips in early trading after hitting a fresh record, with futures on the London Metal Exchange down 0.5% to $11,395.50 a metric ton. Prices reached an intraday high of $11,529 a ton earlier in the session, driven by concerns over global supply shortages and mining disruptions. "Data from the London Metal Exchange showed a spike in orders to withdraw copper from its warehouses in Asia," ANZ analysts say. "This comes amid concerns that the U.S. will announce levies on refined copper in 2026." Meanwhile, Ivanhoe Mines earlier this week trimmed its production outlook for the Kamoa-Kakula operation in the Democratic Republic of Congo, while Glencore cut its production target for next year. In contrast, Rio Tinto on Thursday raised its 2025 production forecast, citing accelerating developments at its Oyu Tolgoi mine in Mongolia. (giulia.petroni@wsj.com)

(END) Dow Jones Newswires

December 04, 2025 04:48 ET (09:48 GMT)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2588000128?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-12-04 17:48","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2588000128","market":"sh","top_or_hot":-1,"title":"Copper Slips After Record Surge on Supply Fears -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0947 GMT - Copper slips in early trading after hitting a fresh record, with futures on the London Metal Exchange down 0.5% to $11,395.50 a metric ton. Prices reached an intraday high of $11,529 a ton earlier in the session, driven by concerns over global supply shortages and mining disruptions. \"Data from the London Metal Exchange showed a spike in orders to withdraw copper from its warehouses in Asia,\" ANZ analysts say. \"This comes amid concerns that the U.S. will announce levies on refined copper in 2026.\" Meanwhile, Ivanhoe Mines earlier this week trimmed its production outlook for the Kamoa-Kakula operation in the Democratic Republic of Congo, while Glencore cut its production target for next year. In contrast, <a href=\"https://laohu8.com/S/RTNTF\">Rio Tinto</a> on Thursday raised its 2025 production forecast, citing accelerating developments at its Oyu Tolgoi mine in Mongolia. (giulia.petroni@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  December 04, 2025 04:48 ET (09:48 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Copper Slips After Record Surge on Supply Fears -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCopper Slips After Record Surge on Supply Fears -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-12-04 17:48</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0947 GMT - Copper slips in early trading after hitting a fresh record, with futures on the London Metal Exchange down 0.5% to $11,395.50 a metric ton. Prices reached an intraday high of $11,529 a ton earlier in the session, driven by concerns over global supply shortages and mining disruptions. \"Data from the London Metal Exchange showed a spike in orders to withdraw copper from its warehouses in Asia,\" ANZ analysts say. \"This comes amid concerns that the U.S. will announce levies on refined copper in 2026.\" Meanwhile, Ivanhoe Mines earlier this week trimmed its production outlook for the Kamoa-Kakula operation in the Democratic Republic of Congo, while Glencore cut its production target for next year. In contrast, <a href=\"https://laohu8.com/S/RTNTF\">Rio Tinto</a> on Thursday raised its 2025 production forecast, citing accelerating developments at its Oyu Tolgoi mine in Mongolia. (giulia.petroni@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  December 04, 2025 04:48 ET (09:48 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4588","symbol_name":"碎股","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2588000128","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2588000128","pubTimestamp":1764841680,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0947 GMT - Copper slips in early trading after hitting a fresh record, with futures on the London Metal Exchange down 0.5% to $11,395.50 a metric ton. Prices reached an intraday high of $11,529 a ton earlier in the session, driven by concerns over global supply shortages and mining disruptions. \"Data from the London Metal Exchange showed a spike in orders to withdraw copper from its warehouses in Asia,\" ANZ analysts say. \"This comes amid concerns that the U.S. will announce levies on refined copper in 2026.\" Meanwhile, Ivanhoe Mines earlier this week trimmed its production outlook for the Kamoa-Kakula operation in the Democratic Republic of Congo, while Glencore cut its production target for next year. In contrast, Rio Tinto on Thursday raised its 2025 production forecast, citing accelerating developments at its Oyu Tolgoi mine in Mongolia. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4588":"碎股","RIO.AU":"力拓","BK4168":"多种金属与采矿","BK4585":"ETF&股票定投概念","BK7507":"资源股","GLNCY":"Glencore Plc","RIO":"力拓","BK7511":"ESG概念","BK7095":"多种金属与采矿"},"translate_title":"由于供应担忧，铜价在创纪录飙升后下跌——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"RIO.AU":0.9,"GLNCY":0.9,"RIO":0.9},"content_text":"0947 GMT - Copper slips in early trading after hitting a fresh record, with futures on the London Metal Exchange down 0.5% to $11,395.50 a metric ton. Prices reached an intraday high of $11,529 a ton earlier in the session, driven by concerns over global supply shortages and mining disruptions. \"Data from the London Metal Exchange showed a spike in orders to withdraw copper from its warehouses in Asia,\" ANZ analysts say. \"This comes amid concerns that the U.S. will announce levies on refined copper in 2026.\" Meanwhile, Ivanhoe Mines earlier this week trimmed its production outlook for the Kamoa-Kakula operation in the Democratic Republic of Congo, while Glencore cut its production target for next year. In contrast, Rio Tinto on Thursday raised its 2025 production forecast, citing accelerating developments at its Oyu Tolgoi mine in Mongolia. (giulia.petroni@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  December 04, 2025 04:48 ET (09:48 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.9","shortVersion":"4.35.9","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2588000128","isCrawlerRequest":true}