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Commodity News Details
Weekly Copper Review: COMEX futures see selling pressure after nearing four-month high
13-Dec-2025 12:55
COMEX Copper pulled back after a rise this week, sliding in tune with rising inventories and some profit selling pressure. The metal had seen an awesome gain after testing around $5.30 per pound but the rally fizzled ahead of weekend after taking prices near four-month high. COMEX Copper futures closed at $5.35 per pound, down around 1.90% on the day. LME Copper inventories rose this week, adding to recent gains. Inventories hit near seven-month high and capped upside in Copper. The red metal also eyed a latest International Monetary Fund update which urged China to fix its economic imbalances, saying the country of 1.4 billion people is too big to rely on exports for its growth. MCX Copper futures hit above Rs 1120 per kg mark before witnessing a moderation.

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