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Commodity News Details
Copper off one-week low as markets eye China growth trends
19-Jan-2026 17:27
COMEX Copper futures rebounded from one-week low as China's economic growth in 2025 met the government's target, with annual GDP expanding 5% year-on-year. This pushed the metal above $5.90 per pound but the counter eased from these highs amid mostly weak equities. Shanghai Composite index added 0.29% while Hong Kong's Hang Seng index lost 1%. Japanese Nikkei 225 index shed 0.65%, falling for third straight session. European stocks fell amid rising tensions between the US and Europe over Greenland. German DAX lost more than 1%. Copper futures currently quote at $5.86 per pound, up half a percent on the day. MCX Copper futures trade at Rs 1298.95 per kg, up 0.73% on the day after hitting a high around Rs 1308 per kg.

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