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Copper dips around 2% on last session of Jan-26
30-Jan-2026 17:55
COMEX Copper futures fell sharply today, giving up some of the recent gains in tune with other metals as the US dollar index edged up from its four-year low. Rising LME Copper inventories, which hit around seven and half month high in last session, also weighed on the counter on the last session of the month. Copper is down 2% at $6.07 per pound. The metal is still up around 7% this month. Equities were mostly mixed. In Asia, Shanghai Composite index lost around 1% while Hong Kong's Hang Seng index dipped 2%. Japanese Nikkei 225 index eased marginally. European stocks moved up modestly. The US stocks saw volatile moves in last session. The Dow edged up 0.1% on the day.

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