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Find all the economic and financial information on our Orishas Direct application to download on Play StoreThis Wednesday, the copper price rose, while
that data from the American labor market showed a rebound in the
employment growth, but a high unemployment rate in November.
The most traded copper contract in Shanghai
Futures Exchange increased by 0.30% to 92,550 yuan (13,139.40).
dollars) per metric ton at 03:30 GMT.
The three-month copper reference price on
London Metal Exchange also rose by 0.97% to $11,704
The ton.
US job growth has rebounded
in November, even though unemployment reached its highest level in more than
four years, according to the data.
Copper, on the other hand, continued to hold
above 11,600 dollars per ton, supported by concerns related to
supply and the prospects for a strong increase in demand
coming from data centers and the energy transition.
Among other metals, Shanghai aluminum has
gained 0.83% to 21 975 yuan per ton, while aluminum
The London benchmark rose by 0.42% to 2,888.50
dollars per ton.
The price of aluminum increased after the
Australian mining group South32 announced on Tuesday that it would place its smelter in
Mozal in Mozambique in maintenance and upkeep mode by March, fault
for having been able to conclude an energy agreement with the government.
Nickel recovered after falling since
Monday.
The most traded nickel on SHFE gained 0.67
%, and the three-month benchmark nickel increased by 1.07%.
Shanghai nickel hit its lowest point on Tuesday
level in 40 months, while the London reference price touched on Monday
its lowest level in eight months.
Elsewhere on SHFE, zinc fell by 0.86%, the
Lead fell by 0.77% and tin increased by 1.42%.
Among the other metals of LME, zinc has gained 0.41%, tin has increased by 1.19% and lead has fallen by 0.10%
.
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