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London copper prices retreat as inventories rise, confusion swirls on tariffs
Business World Philippines
|February 25, 2026
Copper prices pulled back on Monday as inventories extended their rise and investors puzzled over the future of US tariffs and Chinese trading ahead of reopening after a holiday.
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Benchmark three-month copper on the London Metal Exchange (LME) dropped 0.9% to $12,843 a metric ton by 1700 GMT after hitting a more than one-week high of $13,050 earlier in the session.
LME copper has rebounded about 3% over the past four sessions, but is still well below a record peak of $14,527.50 hit on Jan. 29.
“The fact that there are more visible inventories outside of the US is a bit of a dampener, that may indicate a bit of softness in demand,’ said Nitesh Shah, commodity strategist at WisdomTree.
Cette histoire est tirée de l'édition February 25, 2026 de Business World Philippines.
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