Profit-taking has led to a fall in copper prices during the Asian morning session, but the medium to long-term outlook remains bullish.

Jin10 data reported on October 10 that due to profit-taking, copper prices fell in early Asian trading. Previously, concerns about supply disruptions had pushed the price of this base metal to its highest point in over a year. Analysts at South China Futures commented that copper prices may face a pullback in the short term, but the medium to long-term outlook remains bullish. Data shows that the three-month copper contract on the London Metal Exchange fell by 0.7% to $10,797.00 per ton.