{
  "id": 13052455,
  "title": "Copper rebounds as supply risks, China demand lend support",
  "url": "https://urgent.news/2026/10/09/copper-rebounds-as-supply-risks-china-demand-lend-support",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-09T06:45:40.000Z",
  "source": {
    "name": "Business Recorder",
    "slug": "business-recorder",
    "url": "https://www.brecorder.com/news/40443424/copper-rebounds-as-supply-risks-china-demand-lend-support"
  },
  "original_language": "en",
  "account": "London copper rebounded on Friday, regaining much of its previous day's losses, thanks to disruptions at mines and robust demand from the top consumer, China. The benchmark three-month copper on the London Metal Exchange climbed 1.08% to $14,464 per metric ton by 0300 GMT, after falling 1.15% in the prior session. It has increased 1.44% so far this week. The most-traded copper contract on the Shanghai Futures Exchange slipped 0.61% to 110,060 yuan ($16,431.03) a ton, mirroring the overnight decline in London. Daniel Hynes, a senior commodity strategist at ANZ, noted in a report that copper is nearing record levels, bolstered by supply-side problems. The Yangshan copper premium, a measure of China's demand for imported copper, hit $125 a ton, the highest since November 2022, on Thursday, following China's return from a week-long holiday. A workers' union at Antofagasta's Centinela copper mine in Chile announced that their ongoing strike would start impacting output in November, potentially reducing production by half. Antofagasta had initially underestimated the strike's effect. Mine disruptions further increased supply risks, while stocks outside the US declined as copper was transported into the country ahead of possible tariffs on refined copper imports. The dollar index, which gauges the greenback against other currencies, slightly decreased, while oil prices marginally fell. Both factors had previously hampered industrial metals. Among LME metals, aluminium increased 1.08%, zinc rose 0.97%, lead gained 0.75%, nickel climbed 0.72%, and tin surged 1.56%. Among SHFE metals, aluminium fell 0.34%, zinc dropped 1.09%, lead declined 1.3%, nickel fell 0.08%, and tin decreased 4.03%.",
  "summary": "SINGAPORE: London copper rose on Friday , recovering most of the previous session’s losses, as mine disruptions and strong demand in top consumer China supported prices. Benchmark three-month copper on the London Metal Exchange rose 1.08% to $14,464 a metric ton by 0300 GMT, after dropping 1.15% in the previous session. It has climbed 1.44% so far this week. The most-traded copper contract on the…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}