Shanghai Spot Copper Price Chart April 28

On April 28, the Shanghai Spot Copper Price showed a mixed trend in the morning session, with slight fluctuations amid ongoing supply and demand dynamics. The price opened slightly higher but soon faced pressure from weaker demand in the industrial sector. Traders were closely watching the global market movements, especially the impact of U.S. economic data and the ongoing geopolitical tensions. Despite some support from the Chinese government's stimulus measures, the copper market remained cautious. By midday, the price stabilized around the previous day’s level, reflecting a balanced but uncertain outlook. As the trading day progressed, market participants are expected to remain alert for any new developments that could influence the copper price in the short term.
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