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03 AUG 2026 MONDAY
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Copper Pressured by Rising Inventories in Commodity News 20/02/2026 Copper futures stayed below $5.75 per pound on Friday, poised for a fourth consecutive weekly decline amid rising global inventories and soft industrial demand. Stocks in LME-tracked warehouses increased for the 26th straight session, reaching an 11-month high. Combined inventories across Shanghai, London, and New York also surpassed 1 million tons, the highest since 2003. Trading volumes remained thin, as Chinese markets were closed for the Lunar New Year holiday. Copper and other metals had surged sharply in January before retreating, largely driven by speculative activity among Chinese investors. The metal also faced pressure from a stronger dollar, as robust US economic data and hawkish signals from the Federal Reserve prompted traders to scale back expectations for aggressive easing. Source: Trading Economics 2026-02-20 hellenicshippingnews... window.___gcfg = {lang: 'en-US'}; (function(w, d, s) { function go(){ var js, fjs = d.getElementsByTagName(s)[0], load = function(url, id) { if (d.getElementById(id)) {return;} js = d.createElement(s); js.src = url; js.id = id; fjs.parentNode.insertBefore(js, fjs); }; load('//connect.facebook.net/en/all.js#xfbml=1', 'fbjssdk'); load('https://apis.google.com/js/plusone.js', 'gplus1js'); load('//platform.twitter.com/widgets.js', 'tweetjs'); } if (w.addEventListener) { w.addEventListener("load", go, false); } else if (w.attachEvent) { w.attachEvent("onload",go); } }(window, document, 'script')); tweet Share
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market_report Hellenic Shipping News ·2026-02-20

Copper Pressured by Rising Inventories

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