Copper Set for Weekly Loss on Economic Concerns, Chinese Output -- Market Talk
Dow Jones03-20 19:13
1113 GMT - Copper prices are on track for a weekly loss of nearly 5%, pressured by concerns over global economic growth due to soaring energy prices as the Middle East war drags on. In afternoon trading, three-month LME copper falls 0.7% to $12,132.50 a metric ton. Analysts at Commerzbank say prices are also pressured by rising production from China. "Data from China shows that copper production continues to run at full speed," says Thu Lan Nguyen. "At the same time, global copper inventories on the exchanges remained stable at high levels." (giulia.petroni@wsj.com)
(END) Dow Jones Newswires
March 20, 2026 07:13 ET (11:13 GMT)
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