Copper prices fell to their lowest level in two weeks on Tuesday as China failed to convince investors how its stimulus package could lead the economy to its growth objective. The three-month copper price on the London Metal Exchange (LME) reached $9,700 per ton, the

The price of LME copper fell by 1.6% to 9,774 dollars per ton on the official rings. Half-day LME copper trading volumes reached their highest level in a week after China returned from public holidays

Copper prices hit their highest level in four months last week after China announced its biggest stimulus package since the COVID-19 pandemic. Analysts expected bold steps to revive a heavily indebted real estate sector that is weighing on consumer confidence

In other metals, aluminum lost 2.8% to $2,585 per ton, its biggest drop in over four months, while nickel fell 2.2% to $17,650, despite the interruption of production at the Onca Puma nickel plant in Vale and the operations of the Malagasy mining company Ambatovy. Zinc lost 2.2% to $3,106, tin fell 2.4% to $33,100 and lead fell 2.2% to $2,102