Shanghai copper futures just hit a fresh record today—94,080 yuan per metric ton. That's a pretty significant milestone for the industrial metals space. The rally seems to be driven by supply constraints and stronger-than-expected demand from manufacturing sectors. Traders are watching closely to see if this level holds or if we're due for a pullback. Copper's often seen as a barometer for global economic health, so this spike could signal broader market sentiment shifts. Worth keeping an eye on how this plays out in the coming sessions, especially with ongoing supply chain concerns still in the mix.
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AlwaysQuestioning
· 19h ago
Awesome, copper prices have hit a new high again. Is the economy really recovering this time or is it just hype?
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FlippedSignal
· 22h ago
This price of 94080 is crazy. The supply chain hasn't even recovered yet, and it's already surging upward.
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InfraVibes
· 22h ago
Copper prices have hit a new high again, now it depends on whether the supply chain can keep up with demand.
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nft_widow
· 22h ago
The copper price at 94,000 is really outrageous... Be careful of a pullback.
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hodl_therapist
· 22h ago
94080 has been refreshed again, and the supply chain side still can't hold up.
Shanghai copper futures just hit a fresh record today—94,080 yuan per metric ton. That's a pretty significant milestone for the industrial metals space. The rally seems to be driven by supply constraints and stronger-than-expected demand from manufacturing sectors. Traders are watching closely to see if this level holds or if we're due for a pullback. Copper's often seen as a barometer for global economic health, so this spike could signal broader market sentiment shifts. Worth keeping an eye on how this plays out in the coming sessions, especially with ongoing supply chain concerns still in the mix.