"All-Metal Resonance" rally erupts! Middle East hostilities suddenly subside—will rate hike trades be next?
Trump TACOed again.
Copper stocks rose collectively, as a sharp decline in international oil prices eased inflation expectations and anticipated tariffs on copper widened the supply gap outside the U.S.
Copper stocks rose collectively. As of the time of writing, Jiangxi Copper Company Limited (0358.HK) gained 5.86% to HK$33.58; China Nonferrous Mining Corporation (1258.HK) rose 5.83% to HK$14.17; MMG Limited (1208.HK) increased by 5.14% to HK$8.80; and Zijin Mining (2899.HK) climbed 3.99% to HK$3.06.
“Super Squeeze” Hits! Iran War Ignites Metals Markets; Copper and Aluminum Prices May Remain Elevated for Years
The conflict involving Iran is triggering a 'super squeeze' in the metals market, analysts warn, noting this episode differs fundamentally from past supercycles and could keep prices elevated for several years.
Commodities: Escalating U.S.-Iran Tensions Drive Copper Prices to a Three-Week Low
Copper prices fell to a three-week low amid heightened market concerns over accelerating inflation, rising interest rates, and slowing economic growth triggered by escalating conflicts in the Middle East. Analysts at Everbright Futures noted that the intensifying conflict has led markets to anticipate further rate hikes by the Federal Reserve, exerting downward pressure on base metal prices. Meanwhile, copper price volatility has prompted Chinese buyers to remain cautious ahead of the summer lull. Copper on the London Metal Exchange briefly dropped to $13,378 per tonne—the lowest level since May 20—while zinc prices declined by 1%, and aluminium prices rose 0.5% after plunging 2.3% on Wednesday (the 10th).
JIANGXI COPPER To Go Ex-Dividend On June 11th, 2026 With 0.6896 HKD Dividend Per Share
June 11th (Beijing Time) - $JIANGXI COPPER(00358.HK)$ is trading ex-dividend on June 11th, 2026.Shareholders of record on June 12th, 2026 will receive 0.6896 HKD dividend per share on July 17th, 2026.
Zhito Hong Kong Stock Investment Diary | June 11
Hong Kong Stock Investment Journal | June 11, 2026