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Find all the economic and financial information on our Orishas Direct application to download on Play StoreDue to the strengthening dollar, London copper prices fell on Monday as investors waited for economic data from the biggest metal consumer, China, for more clues about global demand.
Three-month copper on the London Metal Exchange was down 0.3% to $9,851.50 per metric ton, at 01:41 GMT, after a weekly drop due to high inventories and low demand in China. The most traded copper contract in August on the Shanghai Futures Exchange gained 0.8% to 79,870 yuan ($10,997.14
) per ton.LME aluminum lost 0.1% to $2,479 per ton, nickel added 0.2% to $16,895, zinc fell 0.1% to $2,941, zinc fell 0.1% to $2,941, tin fell 0.6% to $2,941, tin fell 0.6% to $33,500, and lead fell 0.1% to $2,208. SHFE aluminum remained stable at 20,060 yuan per ton, lead rose 0.6% to 19,650 yuan, nickel rose 0.8% to 134,760 yuan. Zinc remained unchanged at 24,305 yuan and tin fell 1.2 percent to 274,800
yuan.
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