Traders are heavily investing in China’s metals markets, expecting prices to continue rallying. Record open interest in base metals and lithium is driven by concerns about global supply, lower interest rates, and strong demand despite U.S. trade policies. Trading values soared by over 260% from the previous year, reaching $5.3 trillion in December alone. Copper prices hit all-time highs, and nickel spiked 10% in London due to Chinese buying. Analysts predict elevated trading volumes in Chinese markets throughout the year, with base metals likely to remain well supported. Copper prices have surged due to supply disruptions and trade policies, hitting record highs above $13,000 per ton.
Read more at Yahoo Finance: China’s Metals Markets Surge on Bullish Outlooks
