🔴 Copper Miners ETF (COPX) is trading 6% down in after-hours trading amid China demand concerns

COPX is trading at $79.59, down -5.96%, amid China demand concerns pressuring copper-sector sentiment; no single breaking event has been verified.

• Copper fell as much as 1.3% in London ahead of China’s weeklong National Day holiday, while weak industrial-profit growth added to demand concerns.
• The decline contrasts with copper’s modest 0.13% rise on September 30 and supply tightness, including strike risk at Chilean mines.
• Available evidence does not fully explain COPX’s much larger after-hours drop.