New York copper price surges again, Shanghai sets record
必和必拓必和必拓(US:BHP) MINING.COM·2025-12-26 20:18

New York and Shanghai were playing catchup on Friday after copper trading on the London Metal Exchange surged to a record high of 12,282atonnebeforethe148yearoldmarketclosedfortheChristmasbreak.Pricesfortheorangemetalgainedasmuchas4.712,282 a tonne before the 148-year old market closed for the Christmas break.Prices for the orange metal gained as much as 4.7% to trade near 100,000 yuan or 14,270 a tonne on the Shanghai Futures Exchange for the first time, opening up a huge premium to US markets. Copper for delivery in March, the most active contract on the Comex in New York, climbed more than 5% to hit an i ...