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Commodity: The price of copper put under pressure

05/06/2023
Source : ORISHAS FINANCE
Categories: Raw materials

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The price of copper has been pressured today by concerns about demand, especially in China. This country is one of the main consumers.

Prices for metal used in the energy and construction industries have fallen by 10% since mid-April. At 10:12 GMT, the benchmark copper prices on the London Metal Exchange (LME) were up 0.2% to $8,257 per ton. Aluminum fell by 0.2% to $2,258, zinc fell by 0.7% to $2,290, lead remained stable at $2,031, tin increased by 0.3% to $25,730, and nickel fell by 0.7% to $21,060

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