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Precious metals: the fall of copper

09/09/2024
Source : ORISHAS-FINANCE
Categories: Raw materials

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After weaker-than-expected U.S. employment data stoked concerns about the health of the world's largest economy, copper prices fell on Monday.

Three-month copper on the London Metal Exchange lost 0.5% to $8,951 per metric ton at 01:44 GMT, after losing 2.6% last week, the biggest weekly drop since July. The most traded copper contract in October on the Shanghai Futures Exchange fell 1.2 percent to 71,720 yuan ($10,091.89

) per ton.

En ce qui concerne les autres métaux, le nickel from LME gained 0.3% to $15,935 per ton, lead fell by 0.2% to $1,959.50, aluminum fell by 0.5% to $2,331, zinc fell by 0.4% & agrave; $2,707 and tin fell 1.8% to $30,470

.

SHFE aluminum lost 0.9% to 19,110 yuan per ton, nickel fell 1% to 122,530 yuan, zinc fell 0.4% to 22,660 yuan, zinc fell 0.4% to 22,660 yuan, lead lost 2.1% to 22,660 yuan, lead lost 2.1% to 16,545 yuan, and tin fell 0.7% to 248,380 yuan.

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