Copper Prices Decline Amid Anticipation of Chinese Demand Recovery

Copper prices experienced a decline as investors awaited a resurgence in demand from industrial users in China, the world's largest consumer of the metal, following the Lunar New Year holiday. Bloomberg posted on X, highlighting the market's focus on China's economic activities post-holiday. The anticipation stems from expectations that industrial activity in China will pick up, potentially boosting copper consumption. However, the current market sentiment remains cautious as traders monitor developments in the Chinese economy.