Copper Prices Remain Steady Near $9,900 Amid Supply Risks and Chinese Data

Copper prices remain stable near $9,900 a ton on the London Metal Exchange, supported by supply risks in Indonesia and signs of easing deflation in China's manufacturing sector. Freeport-McMoRan has halted output at its Grasberg mine, the world's largest copper mine, due to supply risks. Copper prices are expected to remain volatile as traders continue to monitor supply and demand dynamics in the global market.

Copper prices on the London Metal Exchange (LME) remained stable near $9,900 a ton on Wednesday, September 10, 2025, buoyed by supply risks in Indonesia and signs of easing deflation in China's manufacturing sector Copper Edges Up As Dollar Softens And Supply Gets Pinched^[1]Copper steady near $9,900 as traders eye supply, China data^[2].

The primary driver of copper's stability was the temporary halt in output at Freeport-McMoRan's Grasberg mine, the world's largest copper mine, due to an incident that left several workers trapped Copper Edges Up As Dollar Softens And Supply Gets Pinched^[1]. The company reported that crews are working to reach the workers and that they are believed to be safe. While analysts noted that short disruptions have little effect on global supply, extended outages could tighten an already constrained market Copper steady near $9,900 as traders eye supply, China data^[2].

On the demand side, Chinese data showed factory deflation eased for the first time in six months, offering tentative relief for an economy that has faced persistent price declines and excess industrial capacity Copper steady near $9,900 as traders eye supply, China data^[2]. This easing of deflation could signal a potential pickup in demand for copper, a key component in various industrial applications.

Other base metals were largely unchanged, with zinc and tin posting modest gains Copper steady near $9,900 as traders eye supply, China data^[2]. The overall market sentiment remained cautious, with traders continuing to monitor supply and demand dynamics in the global market.

The stability in copper prices comes amidst broader market volatility, as investors keep a close eye on potential supply disruptions and the potential impact of easing deflation in China. As the world transitions to cleaner energy and electrification, copper's demand is expected to remain robust, particularly from China and emerging economies.

In the meantime, the copper market is likely to remain volatile, with supply risks and geopolitical uncertainties continuing to influence prices. Investors should stay informed about developments at major mines and macroeconomic indicators to make well-informed decisions.

Copper Edges Up As Dollar Softens And Supply Gets Pinched^[1]: Finimize, "Copper edges up as dollar softens and supply gets pinched," September 10, 2025.
Copper steady near $9,900 as traders eye supply, China data^[2]: Seeking Alpha, "Copper steady near $9,900 as traders eye supply, China data," September 10, 2025.