Copper Falls as High Prices Deter Buying in China -- Market Talk

Dow Jones05-15

0212 GMT - Copper falls in early Asian trading, with the three-month contract on the London Metal Exchange 1.6% lower at $13,721 a ton, snapping an eight-day rally. The moves come as elevated prices deter purchases in China, with fabricators seeing orders for cooper rod weakening this month, ANZ Research analysts say in a note. Still, they see Chinese copper demand broadly resilient this year, with consumption from the clean energy technology sectors offsetting weakness in the property and construction sectors. Investors are also monitoring the Trump-Xi summit for signs of any easing of trade tensions between the world's two largest economies, ANZ adds.(jason.chau@wsj.com)

 

(END) Dow Jones Newswires

May 14, 2026 22:12 ET (02:12 GMT)

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