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Base Metals Preview: COMEX copper rebounds over 1% in early Asia
19-Jan-2026 | 09:03
Copper futures are rebounding on Monday morning in Asia after steep slide in the last two sessions. The counter is up more than 1% at $5.90 per pound. Meanwhile, resilient demand from China's industrial sector is providing much support to the red metal. China, the world's largest consumer of copper, reported stronger-than-expected industrial production data for December 2025, which helped lift sentiment in the metals market. China's industrial production rose 5.2% year-on-year in December, the fastest pace in three months. However, China?s economy expanded 4.5% yoy in Q4 2025, slowing from 4.8% in Q3 and marking the weakest rise in three years.
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