Copper headed for the biggest monthly advance in a year, trading just below a 16-month closing high, as investors weighed supply setbacks against weak data from China\u2019s manufacturing sector. <\/p>\n
Three-month futures were slightly lower near $10,382 a ton, but remained almost 5% higher in September, set for the biggest rise since the same month in 2024. Prices have been supported by supply disruptions, with the latest Freeport-McMoRan Inc.\u2019s declaration<\/a> of force majeure at the Grasberg mine in Indonesia. On Monday, copper ended at the highest since May last year.<\/p>\n","protected":false},"excerpt":{"rendered":"Copper headed for the biggest monthly advance in a year, trading just below a 16-month closing high, as…\n","protected":false},"author":2,"featured_media":191423,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37],"tags":[28,144,110,18029,11518,105,3996,1150,112,1343,3997,92861],"class_list":["post-191422","post","type-post","status-publish","format-standard","has-post-thumbnail","category-markets","tag-business","tag-china","tag-economics","tag-freeport-mcmoran-inc","tag-generic-1st-hg-future","tag-imports","tag-indonesia","tag-london","tag-markets","tag-policy","tag-singapore","tag-societe-generale-sa"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/191422","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=191422"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/191422\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/191423"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=191422"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=191422"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=191422"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}