Copper Climbs on China Stimulus Hopes, Chile Mine Supply Risks (CPER:NYSEARCA)
8 Articles
8 Articles
Copper futures on the London Metal Exchange (LME) rose by as much as 1.2% as markets reopened following a week-long holiday in China.
The upturn in metal responds to production restrictions and Chinese demand. Chile and Peru are among the main beneficiaries.
Copper prices continued to make gains during today ' s Monday dealings, as traders looked forward to a more optimistic outlook on interest rates and assessed the impact of a fatal accident in a Chilean mine on supplies. Metal (US$/t) price (US$) change ratio (%) Copper 14645.00 +112.00 +%0.75 zinc 3803.50 *Aluminium 3052.00 *Tin 53510.00 +504.0 +% 0.55.00 nickel 15595.00 (62.00) [...] Copper prices rise amid a decline in cash tightening for…
Copper gains 1.08% to $14,464 as mine disruptions threaten supply
Copper prices on the London Metal Exchange (LME) rose on Friday, recovering most of the previous session’s losses as supply disruptions at major mines and strong demand from China, the world’s largest copper consumer, supported the market. Benchmark three-month copper on the LME gained 1.08 per cent to $14,464 per metric tonne, after declining 1.15 […]
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