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Copper eases ahead of weekend
(12-Dec-2025, 17:26 Hours IST)
COMEX Copper pulled back today, sliding in tune with rising inventories and some profit selling pressure. The metal had seen an awesome gain of nearly 3% in last session but the rally fizzled ahead of weekend after taking prices near four-month high. COMEX Copper futures currently quote at $5.45 per pound, down 0.79% on the day. Meanwhile, LME Copper inventories rose in last session, adding to recent gains. Inventories added 875 tonnes to 165850 tonnes on Thursday, hitting near seven-month high. Copper also eyed a latest International Monetary Fund update which urged China to fix its economic imbalances, saying the country of 1.4 billion people is too big to rely on exports for its growth. MCX Copper futures are trading at Rs 1119.30 per kg, up 0.67% on the day after hitting around Rs 1125 per kg.

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