Copper Dips Below $13,000 With Stockpiles, China Demand in Focus

Market Intelligence Analysis

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Why This Matters

Copper prices dropped below $13,000 due to concerns over rising stockpiles and decreased demand from Chinese buyers, despite some short-term buying activity.

Market Impact

Market impact analysis based on bearish sentiment with 90% confidence.

Sentiment
Bearish
AI Confidence
90%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

Copper extended losses as investors focused on rising inventories and waning appetite from Chinese buyers, even after some dip-buying emerged earlier this week.

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Original article published by Bloomberg on February 5, 2026.
Analysis and insights provided by AnalystMarkets AI.