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Precious metals: copper prices rise

20/09/2024
Source : ORISHAS-FINANCE
Categories: Raw materials

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Copper prices rose for a third consecutive session. They are expected to increase on a weekly basis.

Three-month copper on the London Metal Exchange rose 0.5% to $9,564.50 per ton at 02:15 GMT, close to the two-month high reached during the previous session. The contract has increased by 3.3% since the start of the week. The most traded copper contract in October on the Shanghai Futures Exchange was up 1.3% to 75,870 yuan ($10,751.03)

per ton.

SHFE aluminum rose 0.4% to 20,045 yuan per ton, nickel added 1.1% to 125,800 yuan, zinc gained 1.1% to 24,200 yuan, zinc gained 1.1% to 24,200 yuan, lead increased 1.4% to 24,200 yuan, lead increased 1.4% to 16,635 yuan, and tin grew 2.1% to 261,480 yuan. LME aluminum fell by 0.1% to $2,536 per ton, zinc rose by 0.2% to $2,935, nickel rose by 0.5% to $16,415, lead rose 0.6% to $2,087.50 per ton, and tin rose by 1.2% to $32,200

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