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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.
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