Copper price fluctuations on January 21, 2025

On January 21, 2025, the international copper price fell due to the strengthening of the US dollar. Specifically, the most active copper contract on the Shanghai Futures Exchange (SHFE) fell 1.3% to 75,400 yuan (equivalent to 10,307.73 USD)/ton.

The strengthening of the US dollar makes commodities priced in the greenback more expensive for holders of other currencies, contributing to a decrease in demand and prices of copper.

For the most detailed and up-to-date information on copper prices, you should refer to reputable financial sources or contact financial service providers to receive accurate data that suits your needs.