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Find all the economic and financial information on our Orishas Direct application to download on Play StoreAfter the US dollar fell to its lowest
level in nearly four years, copper rose on Wednesday, while
aluminum also recorded a strong increase.
The most active copper futures contract in
Shanghai Futures Exchange (SHFE) gained 0.72% to 103,510
yuan (14,902.96 dollars) per ton at 3:30am GMT.
The three-month copper reference price on
London Metal Exchange, for its part, jumped by 1.69% to reach
$13,226.50 per ton.
Both contracts remained below
record levels reached earlier this month.
Elsewhere, aluminum is experiencing strong growth,
with the most traded contract in Shanghai jumping 4.54% to 25,345 yuan
per ton, after rising to 5.09% earlier, thus leading the gains
among the base metals of SHFE.
The three-month aluminum reference course has
also led dance in London, growing by 2.21% to reach
$3,278 per ton.
Among the other SHFE base metals, zinc has increased by 2.08%, lead rose slightly by 0.06%, tin jumped by 2.05% and nickel fell by 1.30%.
Elsewhere on the LME, zinc increased by 1.98%,
lead 0.57%, nickel 0.64% and tin 0.87%.
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