The price of copper is still above $13,000, and prices are expected to fluctuate within a range.

Copper prices fell in early trading, but remained above $13,000, as market liquidity decreased with China approaching the Spring Festival holiday. London Metal Exchange futures fell 0.4% to $13,131.50 per ton. "Price trends may remain within a certain range unless speculative interest heats up again or major macroeconomic news disrupts market sentiment, in which case reduced liquidity could exacerbate price fluctuations," said a financial analyst from Sucden. "We also see physical traders in China selling stocks on the Shanghai Futures Exchange, reflecting their desire to reduce risk exposure from post-holiday volatility rather than continue hedging operations in an uncertain macro environment."