4COPD.XD is trading at €62.37 (-4.72%) on August 31, 2026, reflecting miner-equity weakness rather than a copper-price collapse as futures were broadly stable to modestly higher.

  • Copper producers sold off as investors reassessed near-term demand: Southern Copper fell 3.00% and Freeport-McMoRan dropped 2.51%.
  • Iran-related tensions, higher oil prices, and hawkish rate expectations likely amplified pressure on globally exposed miners.