Ideas Markets Events Research
Close
search
Ideas
Markets
Events
Research
Nothing found
Select a section for which the search will be carried out
29 April 2025 | Other

Buyers’ activity on copper market in China reached its 16-mouth high

Copper
Buyers’ activity on copper market in China reached its 16-mouth high

The gauge of activity of Chinese copper market reached its maximum since the end of 2023. It happened due to the increasing willingness of buyers to secure future supply.

According to Shanghai Metals Market data, the key red metal supply premium in the region showed an increase from $35 per ton at the end of February to $95 on Monday. This sharp rise shows the current tension in the global copper market.

The threat to impose tariffs on this metal by the United States President Donald Trump stimulated an active flow of copper supplies across the ocean. At the London Metal Exchange (LME), in turn, the cost of the red metal returned to usual levels after the recent collapse caused by similar tariffs, imposed by the US side.

Meanwhile, the cost of the metal continues to rise today.

Anton Volkov MarketCheese

Recommended

United States. CFTC Copper speculative net positions. The value of the indicator has increased from 73K to 78.8K
5 June
United States. CFTC Copper speculative net positions. The value of the indicator has decreased from 75.9K to 73K
29 May
United States. CFTC Copper speculative net positions. The value of the indicator has decreased from 76.3K to 75.9K
22 May
United States. API Weekly Crude Oil Stock. The value of the indicator has decreased from -6.75M to -9.119M
Today at 9:00 PM
United States. Atlanta Fed GDPNow. The value of the indicator has increased from 3% to 3.3%
Today at 3:35 PM
Top news
United States. Trade Balance. The value of the indicator has increased from $-56.6B to $-55.9B
Today at 12:30 PM
United States. Nonfarm Payrolls. The value of the indicator has decreased from 179K to 172K
5 June
United States. Unemployment Rate. The value of the indicator remained at the same level of 4.3%
5 June
European Union. GDP (QoQ). The value of the indicator has decreased from 0.1% to -0.2%
5 June
European Union. Retail Sales (MoM). The value of the indicator has decreased from 0.8% to -0.4%
4 June
All news

Forecasts

BTCUSD sell
Period: 09.07.2026 Expectation: 4350 pips
Bitcoin sell-off targets $59,000
Indicators and reports FA Other Hot news Chart analysis
Today at 11:20 AM 41
Reed_Marcus
Brent buy
Period: 16.06.2026 Expectation: 1235 pips
Buy Brent crude with $107.60 target as it exits descending triangle
Technical analysis FA Other Indicators Chart analysis Fundamental analysis
Today at 10:07 AM 34
Lyra_Moonwell1
AUDUSD sell
Period: 09.07.2026 Expectation: 2250 pips
Selling AUDUSD down to 0.68250
Indicators and reports FA Other Indicators Hot news Chart analysis
Today at 09:34 AM 31
Sinclair_John
Tesla Inc buy
Period: 16.06.2026 Expectation: 3000 pips
Buying Tesla stock with $440 target amid recovery after recent sell-off
Technical analysis Indicators and reports Indicators Hot news Fundamental analysis
Today at 08:18 AM 23
Emily_Foster
S&P 500 buy
Period: 31.07.2026 Expectation: 400 pips
Buying SPX from $7,100 support
TA Other FA Other
Today at 04:06 AM 17
McCarthy_Raymond
EURUSD sell
Period: 30.06.2026 Expectation: 650 pips
EURUSD sell-off targets 1.1450
TA Other FA Other
Today at 04:06 AM 17
Bruce_Powers
Go to forecasts