Key Facts
Copper tracker CPER fell 2.11% settling at US$39.90 on Friday, August 7, 2026, as demand fears from China weighed on the industrial metal.
Southern Copper surged 3.12% to US$199.06, defying the metal’s drop as investors rewarded the producer’s low-cost structure and strong margins.
Freeport-McMoRan gained 2.11% closing at US$69.62, a move analysts tied to its aggressive leaching technology rollout that unlocks new copper output.
China’s struggling property sector kept a lid on copper sentiment, with persistent concerns over weak construction activity in the world’s top consumer.
