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Copper: slight fall in price

24/06/2024
Source : ORISHAS-FINANCE
Categories: Raw materials

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While a strengthening dollar and concerns about moderate demand from China, the main consumer, kept traders out of the way, copper futures fell slightly on Monday.

Three-month copper on the London Metal Exchange was down 0.2% to $9,661.5 per metric ton at 03:03 GMT. Prices fell by 13% after reaching an all-time high above $11,100 last month. The most traded copper contract in July on the Shanghai Futures Exchange lost 1.5% to 78,490 yuan ($10,809.21

) per ton.

SHFE aluminum fell by almost 1% to 20,320 yuan per ton, nickel fell by 0.2% to 135,050 yuan, lead gained 0.4% to 18,890 yuan, while zinc fell by 0.4% to 18,890 yuan, while zinc fell by 0.4% to 23,745 yuan and tin fell by 0.8% to 271,750 yuan. And LME aluminum fell by 0.3% to 2,507 dollars per ton, nickel rose by 0.5% to 17,315 dollars, zinc is rest style="font-family: "Bookman Old Style”, "Serif">é stable 2 841,5 dollars, le plomb a baiss de 0,3% 2 184,5 dollars et l' tain a augment de 0,3% Already

32,765 dollars.
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