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News · ▼ Bearish · 1 source confirmed · 2026-09-28 10:53 UTC

Copper Price Forecast: Weak China Data Test $6.60 as Escondida Vote Begins

Why now

Thesis: China demand worries collide with Chile supply vote

Catalyst to watch: Escondida vote outcome and China data

Main risk: Supply disruption could reverse the drop

Why it matters

Weak China data pressures copper demand expectations while the Escondida wage vote adds supply uncertainty to prices.

Related assets & topics

Copper (COMEX) · HG=FCopperChinaUnited States Copper Index Fund · CPERGlobal X Copper Miners ETF · COPX

Sources

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