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Copper metals: rising prices

25/03/2024
Source : ORISHAS-FINANCE
Categories: Raw materials

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As inventory accumulation in China, the main consumer, slowed, copper prices in London rose on Monday, rebounding from a weekly loss.

At 03:39 GMT, three-month copper on the London Metal Exchange (LME) rose by 0.5% to $8,912 per ton. The most traded copper contract in May on the Shanghai Futures Exchange (SHFE) remained stable at 72,520 yuan ($10,068.73

) per ton.

LME aluminum rose slightly by 0.2% to $2,313.50 per ton, nickel rose by 0.3% to $17,300, zinc rose by 0.5% to $2,496, zinc rose by 0.5% to $2,496, lead rose by 0.3% to $2,042.50 per ton, while tin leaked Worse; fell by 0.1% to 27,690 dollars

.

SHFE aluminum increased by 0.3% to 19,475 yuan per ton, lead increased slightly by 0.1% to 16,230 yuan, while nickel fell by 1.3% to 134,130 yuan, while nickel fell by 1.3% to 134,130 yuan, zinc fell by 0.5% to 134,130 yuan, zinc fell by 0.5% to 21,215 yuan, and tin fell by 0.5% to 226,670 yuan.

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