COPPER \u00b7 ~$6.18\u20136.24\/lb<\/p>\n\n\n\n
Copper is holding at $6.18\u2013$6.24\/lb<\/strong>, sustaining its position above the breakout zone<\/strong> despite momentum moderating after the recent sharp rally. This is normal post-breakout behavior the market is digesting gains, not distributing. Bullish positioning remains intact<\/strong>.<\/p>\n\n\n\n The structural thesis has not changed. AI data center buildout, electrification, and constrained global mine supply<\/strong> remain the dominant drivers. China\u2019s April copper concentrate imports hit a near-record of 3 million tonnes<\/strong>, and China\u2019s state grid committed to spending 4 trillion yuan on grid upgrades through 2030<\/strong>. On the supply side, spot treatment charges remain deeply negative<\/strong> globally smelters are being squeezed by the mismatch between processing capacity and a structural ore shortage. The hot CPI print strengthened the USD, which is a mild negative, but one macro data point is not enough to derail copper\u2019s structural story<\/strong>.<\/p>\n\n\n\n The $6.20 level has now become breakout support<\/strong>. Holding here confirms continuation toward $6.40\u2013$6.50<\/strong>. A close below $5.95 would signal a false breakout and risk a return to $5.70\u2013$5.90<\/strong>. As long as price holds above $6.00, the bias remains firmly bullish<\/strong>.<\/p>\n\n\n\n Source: Reuters, Bloomberg, CME Group<\/em><\/p>\n\n\n\n Disclaimer. For informational purposes only. This material does not constitute investment advice, solicitation, or an offer to trade. Market conditions may change without notice. Pan Asia Market Intelligence | 25 May 2026<\/em><\/p>","protected":false},"excerpt":{"rendered":" COPPER \u00b7 ~$6.18\u20136.24\/lb. Copper is holding at $6.18\u2013$6.24\/lb, sustaining its position above the breakout zone despite momentum moderating after the recent sharp rally. This is normal post-breakout behavior the market is digesting gains, not distributing. Bullish positioning remains intact.<\/p>","protected":false},"author":5,"featured_media":267,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":["post-131","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily-market-intelligence"],"_links":{"self":[{"href":"https:\/\/www-uat.panasia.id\/id\/wp-json\/wp\/v2\/posts\/131","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www-uat.panasia.id\/id\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www-uat.panasia.id\/id\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www-uat.panasia.id\/id\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/www-uat.panasia.id\/id\/wp-json\/wp\/v2\/comments?post=131"}],"version-history":[{"count":0,"href":"https:\/\/www-uat.panasia.id\/id\/wp-json\/wp\/v2\/posts\/131\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www-uat.panasia.id\/id\/wp-json\/wp\/v2\/media\/267"}],"wp:attachment":[{"href":"https:\/\/www-uat.panasia.id\/id\/wp-json\/wp\/v2\/media?parent=131"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www-uat.panasia.id\/id\/wp-json\/wp\/v2\/categories?post=131"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www-uat.panasia.id\/id\/wp-json\/wp\/v2\/tags?post=131"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}STRUCTURE
Bullish trend continuation<\/strong><\/td>MOMENTUM
Strong, moderating<\/strong><\/td><\/tr>KEY LEVEL
$6.20 support \/ $6.40\u20136.50 target<\/strong><\/td>DAILY VOLATILITY
~2.3%<\/strong><\/td><\/tr>YESTERDAY HIGH
$6.29\/lb (est.)<\/strong><\/td>YESTERDAY LOW
$6.10\/lb (est.)<\/strong><\/td><\/tr>WHAT TO WATCH
China demand data, USD move, risk sentiment<\/strong><\/td>BIAS
Bullish above $6.00<\/strong><\/td><\/tr>INVALIDATION
Close below $5.95<\/strong><\/td><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n