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Raw material: copper recoils

26/06/2024
Source : ORISHAS-FINANCE
Categories: Raw materials

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While the strengthening dollar and weak demand prospects in China, the main consumer, weighed on the market, copper futures relaxed on Wednesday.

Three-month copper on the London Metal Exchange was down 0.2% to $9,555.5 per metric ton at 03:52 GMT. The most traded copper contract in July on the Shanghai Futures Exchange fell by 1.1% to 77,930 yuan ($10,725.15

) per ton.

LME aluminum fell by 0.2% to $2,491 per ton, nickel rose slightly by 0.3% to $17,210, zinc fell by 0.02% to $2,870.5, zinc fell by 0.02% to $2,870.5, lead fell by 0.3% to $2,870.5, lead fell by 0.3% to $2,870.5, lead fell by 0.3% to $2,204 and tin fell by 1.3% to $31,845. SHFE aluminum fell by 0.8% to 20,205 yuan per ton, nickel fell by 0.3% to 134,480 yuan, lead rose by 1.6% to 19,160 yuan while zinc rose by 0.1% to 23,730 yuan per ton, and tin fell by 3% to 264,770

yuan.
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