Copper prices experienced a pullback on Monday after hitting all-time highs in recent trading sessions. The retreat is attributed to a combination of profit-taking activities and renewed concerns regarding the pace of global economic expansion.

Several factors contributed to the recent surge in copper prices, including strong demand from China and other emerging markets, as well as supply disruptions in key mining regions. However, some investors are now questioning whether the current price levels are sustainable, given the potential for slower economic growth and increased copper production.

Analysts are closely monitoring copper inventories at major exchanges, as well as demand indicators from key consuming industries such as construction and manufacturing. Any signs of weakening demand or increasing supply could put further downward pressure on prices.

Market participants anticipate continued volatility in the copper market in the near term, as investors weigh the competing forces of supply and demand. Geopolitical events and currency fluctuations could also play a role in shaping price movements.