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Find all the economic and financial information on our Orishas Direct application to download on Play StoreInvestors were evaluating the prospects of lower interest rates in the United States and the demand of the main Chinese consumer. However, copper prices remained stuck in a tight range on Monday.
Three-month copper on the London Metal Exchange rose 0.1% to $9,245.50 per metric ton at 01:31 GMT, after registering a slight increase in August, with the growing prospect of a fall in rates in September.
The most traded copper contract in October on the Shanghai Futures Exchange fell by 0.2% to 73,860 yuan ($10,417.49) per ton.
Copper is growing thanks to China's hopes and should post a monthly gain
Copper stocks have declined in recent weeks after falling prices encouraged shopping, also with a good traditional fall season.
LME aluminum fell 0.1% to $2,445 per ton, nickel fell 0.7% to $16,650, zinc fell 0.7% to $2,877, zinc fell 0.7% to $2,877, lead rose 0.5% to $2,877, lead increased 0.5% to $2,063 per ton, and tin lost 0.9% to $32,055.
SHFE aluminum fell by 0.5% to 19,650 yuan per ton, lead gained 0.2% to 17,330 yuan, while nickel fell by 2.7% to 127,960 yuan, zinc fell by 2.7% to 127,960 yuan, zinc fell by 0.9% to 23,815 yuan per ton, and tin lost to 260,290 yuan.
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