The price of copper ($COPA (-0,54%)) fell this week by about 5% the biggest weekly loss since 2022 . The decline was driven by disappointment over the recent policy meeting in China where no additional measures were announced to stimulate demand for metals. China is a major consumer of metals and the lack of stimulus measures can have a significant impact on demand.

In addition to copper, prices for other metals such as iron ore, aluminum, tin and nickel. For example, the prices of iron ore prices the mark of 100 US dollars per ton. This general downward trend in metal prices is also being driven by a stronger US dollar reinforced. A stronger dollar makes metals traded in dollars more expensive for buyers using other currencies.