Copper steady amid China buyout

Copper prices stabilized on Friday after a 10-week rally, supported by Chinese buying at lower prices and optimism about avoiding new tariff impositions from the United States. The future contracts on the London Metal Exchange traded around $14,200 per ton, after earlier exceeding $14,800 due to strong demand and supply shortages from mines. With US inflation data and interest rate movements awaited, the market remains uncertain about the future of tariffs, despite a 0.2% decline in copper prices.

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