LME three-month copper fell 3% to $14,309/ton.

CHINA STATE PLANNER and the State Administration for Market Regulation issued a notice on cost accounting for low‑price, disorderly competition in key industrial goods. They will issue reminders/warnings to operators suspected of such conduct and, if necessary, organize cost investigations to calculate the operators’ related costs. Cost accounting should be based on an operator’s product‑level (individual) costs; where individual costs cannot be calculated, authorities will reference industry‑average costs and apply a downward adjustment when estimating costs.

OpenAI Foundation invests $60 million in AI weather forecasting.