
On March 31, the Shanghai Spot Copper Price showed a mixed trend in the morning session, with slight fluctuations amid cautious market sentiment. The price opened slightly higher, driven by weak USD and renewed demand from the industrial sector. However, traders remained wary of potential supply-side disruptions and global economic uncertainties. By midday, the price stabilized around the key level of 68,500 CNY per ton, reflecting a balanced but uncertain outlook. As the day progressed, the market saw increased trading activity, with both domestic and international investors monitoring the situation closely. Overall, the chart for March 31 highlights the volatility and sensitivity of copper prices to macroeconomic factors and geopolitical developments.
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