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Commodity News Details
COMEX Copper turns lower amid mixed equities
22-Jan-2026 17:17
COMEX Copper futures turned lower today. The metal stayed under sustained pressure amid a rise in LME Copper inventories and tested around two-week low. It currently trades at $5.71 per pound, down 0.86% on the day. Copper fell despite mixed cues from equities. In Asia, Shanghai Composite index added 0.14% while Hong Kong's Hang Seng index gained 0.17%. Japanese Nikkei 225 index spiked 1.73%, bouncing after latest wave of correction. European stocks edged up as geopolitical worries eased. The US stocks saw significant volatility over the course of the trading day on Wednesday. The major indices jumped more than one percent on the day. COMEX Copper futures have shed around 2% this week. It had lost more than 1% in previous week.

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