Trump's Oil and Gas Donors Don't Really Want to -2-

0230 GMT - Copper edges higher early in the Asia session as prices show some signs of stability. Nanhua Futures analysts say volatility in the metal's movements has ebbed, and they think it could rebound slightly to correct prior sharp declines before settling into a range-bound phase. Demand in the copper market has been steady, Galaxy Futures analysts add. However, dollar strength could well cap gains as prices of the metal are denominated in USD. The three-month LME copper contract is 0.3% higher at $9,035.00 a ton. ([e-mail])

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Iron-Ore Prices Edge Higher Amid Strong Demand -- Market Talk

0230 GMT - Iron-ore prices edge higher early on in the Asia session. While iron-ore stocks at Chinese ports remain elevated as arrivals into the country have surged, strong consumption could temporarily support prices, Goldman Sachs analysts write in a note. Robust steel production may lend support to iron ore in 4Q but momentum could be hard to sustain next year due to the impact of potential U.S. trade tariffs, they add. The most-traded iron-ore contract on the Dalian Commodity Exchange is 0.1% higher at CNY778.5 a ton. ([e-mail]; @ivy_jiahuihuang)

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(END) Dow Jones Newswires

11-22-24 0838ET