[MARKET UPDATE] Copper futures (+1.5%) rallied at the turn of the hour amid the reopen of Shanghai commodities trade as the red metal's largest buyer returns from the holiday closure

Copper futures (+1.5%) rallied at the turn of the hour amid the reopen of Shanghai commodities trade as the red metal's largest buyer returns from the holiday closure.

Copper futures are seeing a notable rally as trading resumes in Shanghai, driven by the return of major demand from the holiday closure. This rebound suggests a potential uptick in demand that could stabilize or elevate prices, making it vital to watch for further developments in commodities trading behavior post-holiday.