[ad_1]
BEIJING (Reuters) – Copper prices rose after the United States announced on Tuesday that it planned to postpone the tariff on some Chinese products by 10 percent, helping to ease concerns about growth. and the demand of the biggest consumer of metal from China.
London 3-month reference copper futures rose 1.5% to $ 5,828.65 per tonne. The red metal price, a measure of economic strength, fell last week to $ 5,640 a tonne, its lowest level since June 2017.
Among other industrial metals, zinc contracts increased from $ 1.8 to $ 2319 per tonne. Last week, metal prices used for galvanizing steel hit their lowest level since October 2016 at $ 2,230.50.
Aluminum futures rose 0.8% to $ 1,785 per tonne, while lead contracts rose 1% to $ 2,068 a tonne, and tin contracts increased 1% to $ 1,688 per tonne. , 6% to 17,100 dollars per ton.
(Reuters)
Source link
