On February 17, the Shanghai spot copper price showed a mixed trend amid shifting market dynamics. The price fluctuated throughout the day, influenced by both global demand signals and local supply conditions. Traders were closely watching the broader economic indicators, including inflation data from China and trade activity in key industrial sectors. Despite some short-term volatility, the overall sentiment remained cautiously optimistic, with many analysts expecting a gradual recovery in copper prices as the year progresses. This chart provides a visual representation of the daily price movements, highlighting key support and resistance levels that traders are monitoring. Whether you're an investor or a market observer, staying updated on these trends can help you make more informed decisions in the ever-changing commodities market.product
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