Copper prices in New York and Shanghai are rising. Free in London

Copper quotations on metal exchanges in New York and Shanghai are growing, and a free day on LME in London – the brokers inform.

At Comex in New York, copper costs $ 4.8070 per pound, higher by 0.34 percent On the SHF metal exchange in Shanghai, copper is valued after 76,900.00 yuan per ton, higher by 1.21 percent.

In London on Monday free, and at the end of the previous session Miedź at LME lost USD 15 to USD 9,188 per ton.

Investors evaluate copper data in China. The Chinese statistical office said on Monday that copper production in March increased by 8.6 percent. RDR up to 1.248 million tons.

This is a record high level despite low copper melt, when Chinese steelworks struggle with low profitability and pressure on cutting production. In February, copper production in China was slightly lower because it amounted to 1.24 million tons.

The total copper production in China in the first quarter of 2025 amounted to 3.54 million tons, and this is an increase of 5 percent. Compared to the first quarter of 2024 (PAP Biznes)

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