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Commodity News Details
Copper tumbles around 2% this week
06-Feb-2026 17:23
COMEX Copper futures fell near one-week low today as risk appetite was tepid ahead of the weekend. In Asia, Shanghai Composite index eased 0.25%. Hong Kong's Hang Seng index fell 1.20%. Japanese Nikkei 225 index cut recent losses and added 0.89%. European stocks edged up modestly. US tech counters fell further yesterday. The tech-heavy Nasdaq tumbled to its lowest closing level in over two months. COMEX Copper futures are under stress this week following the break under $6 per pound and currently trade at $5.81 per pound, down 0.16% on the day. The metal has lost around 2% this week, giving up some of the 4% rise in last month.

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