LONDON: The following were Monday official prices....

• Benchmark copper on the London Metal Exchange (LME) was up 1.2% at $9,150 a tonne.
• On the Shanghai Futures Exchange (ShFE), speculators' net long reached 57.9% of open contracts on Friday, the most since 2003, before falling to 51.8% on Monday, Marex said.

• "However, we believe that base metal prices will soon peak and ease later in the year.

• Copper is about 6% below its record high of $10,190 a tonne hit in February 2011.
• Three-month copper on the London Metal Exchange had climbed 1.2% to $9,417 a tonne.

LONDON: The following were Wednesday official prices....

LONDON: Copper rose to its highest since April 2012 on Thursday as Chinese investors returning from a week-long...

• Three-month copper on the London Metal Exchange (LME) was up 0.2% at $8,349.50 a tonne.
• The upper bound of that channel is $8,700, so there's another $300 and that's going to be the next target for copper.

• The start of the Chinese holiday kept trading activity low, with benchmark copper on the London Metal Exchange (LME) flat at $8,299 a tonne.
• The more the price moves up in the very short term the bigger the fall will be in the second half of this year.

• Three-month copper on the London Metal Exchange (LME) added 1% to trade at $8,118 per tonne.
• Its a macro-driven story for copper at the moment. Market participants are euphoric and equities are at record highs.

• A bullish wedge has been confirmed. It signals a continuation of the uptrend.

• The drop from the Dec. 17 high of $2,096 may have completed at the Jan. 19 low of $1,945.

• Benchmark copper on the London Metal Exchange (LME) was up 0.5% at $8,015.50 a tonne.
• The metal used in power and construction has hovered around $8,000 since slipping from a high of $8,238 on Jan. 8.

• The last warehouse company to be approved by the LME was Edgemere Terminals in August 2018, the LME said.
• LME-registered warehouses also issue LME warrants, or title documents, through their London agents for material delivered into their approved warehouses.

• Benchmark copper on the London Metal Exchange (LME) was down 0.5% at $7,927 a tonne.
• Some market players may be taking profits or waiting for new impetus.

• A break below $7,910 could cause a fall into $7,729-$7,820 range.

• Benchmark copper on the London Metal Exchange (LME) was down 1.8% at $7,877.50 a tonne.
• Stocks in LME-registered warehouses have plunged to 1,030 tonnes, near record lows, with almost 40% already earmarked for delivery.

• Sliding stocks in LME approved warehouses to support copper
• Reasons for the expected lull include scrap, which typically starts to emerge at high prices.

• Three-month copper on the London Metal Exchange (LME) was up 0.9% at $8,026 a tonne.
• Yellen did not state anything new, however it (stimulus) was priced in to the market for a second time.

• "After the current low consumption season, the outlook for copper prices may still be relatively promising."

• Virus infections in other major economies remained high.

• Data on Friday showed Britain's economy shrank in November for the first time since the initial COVID-19 lockdown last spring.
• There's still considerable threats and challenges, all is not rosy with the virus and economic recovery.

• Benchmark copper on the London Metal Exchange (LME) traded little changed at $7,970.5 a tonne in official rings.
• 2021 will be a year of reflation, higher growth and strong demand for metals.

• Philippine President Rodrigo Duterte stopped mining on Tumbagan Island in Languyan, in Tawi-Tawi province.
• Benchmark nickel on the London Metal Exchange was up 3.3% to $17,655 per tonne at 1315 GMT, making it the biggest gainer among base metals.

• Benchmark copper on the London Metal Exchange was down 1.9% at $7,975 a tonne.
• There has been a fair amount of profit-taking on long positions," a copper trader said. "The dollar and China's coronavirus cases triggered the sell-off, but copper has come a long way since (early) last year.

• Three-month copper on the London Metal Exchange was down 0.1% at $8,169.50 a tonne.
• I think the market was just looking for positive news and the outcome of Georgia elections fits, but from a fundamental point of view it doesn't really change things.

• Benchmark copper on the London Metal Exchange (LME) was up 1.7% at $8,136.50 a tonne
• New money is on the table from investors who see a very bullish story.

• Support is at $7,729, a break below which could cause a fall into the range of $7,434-$7,618.