Copper Below $13,000 on Inventory Buildup, With U.S. Rate-Cut Outlook in Focus -- Market Talk

Dow Jones
02/20

1000 GMT - Copper prices tick lower in midmorning trade, with futures on the London Metal Exchange down 0.1% to $12,832 a metric ton. The metal is consolidating after a two-month rally fueled by speculative buying, while relatively lackluster economic data from top consumer China and a steady buildup in inventories have weighed on sentiment, according to ANZ. "Data released yesterday show readily available inventories of copper in warehouses tracked by the LME have risen for the 27th consecutive day, the longest streak since 2009," analysts at the firm say. The outlook for U.S. interest-rate cuts is also key, with traders awaiting more cues on the Federal Reserve's next move. (giulia.petroni@wsj.com)

 

(END) Dow Jones Newswires

February 20, 2026 05:01 ET (10:01 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

应版权方要求,你需要登录查看该内容

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10