Shanghai spot copper price chart February 13

Shanghai spot copper price chart February 13 The Shanghai spot copper price on February 13 showed a mixed trend, reflecting the ongoing volatility in global markets. As of the latest update, the price of copper in the Shanghai market was trading around $8,450 per ton, with slight fluctuations throughout the day. This movement was influenced by a combination of factors, including supply chain concerns, shifting demand from key industries like construction and electronics, and broader economic indicators from China and beyond. Analysts noted that while short-term pressure remained, long-term fundamentals for copper still look relatively strong due to increasing infrastructure development and green energy projects. Investors and traders are closely watching upcoming data releases and policy updates from the Chinese government, as these could have a significant impact on metal prices in the near future. Whether the price will continue its upward trajectory or face a correction remains uncertain, but the market is clearly in a state of flux. Stay tuned for more updates as we monitor the situation in real time.

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