Copper Pressured by Inflation Concerns, Chinese Data -- Market Talk

Dow Jones15:44

0742 GMT - Copper prices fall in early European trading, pressured by inflation concerns and weaker Chinese data. "The pullback comes after a strong run, with prices slipping from the recent highs hit just last week amid intensifying macro headwinds," analysts at ING say. U.S.-Iran tensions and higher oil prices have increased fears of persistent inflation and stricter monetary policy, which could hurt global growth and industrial demand. Meanwhile in China, softer activity in investment, retail and industrial output added to concerns about the demand outlook. Three-month copper futures on the LME are down 0.3% to $13,544.50 a metric ton. Despite the retreat, prices are up more than 8% year-to-date, supported by tech-related demand and supply constraints. (giulia.petroni@wsj.com)

 

(END) Dow Jones Newswires

May 19, 2026 03:44 ET (07:44 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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