Copper prices continue to trade at high levels as supply worries in Indonesia combine with hopes for stronger demand from China.
In early trading on the London Metal Exchange, copper stayed just above $10,000 per metric ton, reflecting ongoing market tension.
In Indonesia, Freeport’s Grasberg copper mine has been temporarily shut down while efforts are underway to rescue workers trapped underground.
Meanwhile, in China, factory-gate deflation eased for the first time in six months, signaling a possible improvement in industrial demand.
