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Maroc Maroc - ARABNEWS.COM - Economy - 19/Feb 11:23

Copper slips as subdued demand, high inventories weigh

article author: ReutersAuthor: Thu, 2026-02-19 14:14 LONDON: Copper fell on Thursday, giving up some gains from the previous session as rising inventories and subdued ​demand due to the holiday in top metals consumer China weighed on prices. Benchmark three-month copper on the London Metal Exchange edged down 0.7 percent to $12,816 a metric tonne as of 1:10 p.m. Saudi time, after a 2.3 percent jump on Wednesday. The Shanghai Futures Exchange is closed until February 23 for Lunar New Year, ‌with Chinese traders ‌largely out of the market.Main category: Business & EconomyTags: copperMetals

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