(Jan 2): Copper rose on the first trading day of 2026, after capping the biggest annual gain since 2009 on prospects for a tighter market. The red metal resumed its advance on Friday after losing 1.1% in the previous session. Copper notched a series of all-time highs during an end-of-year surge, making it the best performer of the six industrial metals on the LME. The red metal was 0.8% higher at US$12,522.50 (RM50,767) a tonne at 10.45am Singapore time, after hitting a record of US$12,960 on Monday. Iron ore futures in Singapore rose 0.2% to US$105.60 a tonne.

Source: The Edge Markets January 02, 2026 04:12 UTC