Under pressure from a stronger US dollar, copper prices fell early in December, ignoring signs of optimism in China, with the latest economic data showing a slight increase.

Le cuivre à trois mois sur le London Metal Exchange (LME) a fell 0.4% to $8,970.5 per metric ton at 04:05 GMT, while the most traded January copper contract on the Shanghai Futures Exchange (SHFE) gained 0.07% to 73,820 yuan ($10,161.61) per ton.

The dollar rose at the start of what promises to be a crucial week for the prospect of lower interest rates in the US, while the recent rebound in the yen was supported by bets on a rise in US rates.

“We emphasize that the market is ready for a period of significant price volatility, with the expected strength of the US dollar and trade policy changes after Trump's victory acting as major headwinds, while the outlook remains heavily dependent on China's economic momentum,” BMI said. , a unit of Fitch Solutions

Copper heads for a monthly decline due to the disappointment of Chinese stimulus measures

LME aluminum rose 0.2% to $2,599 per ton, nickel added 0.1% to $15,915, lead rose 0.3% to $2,078, while zinc fell 0.3% to $2,078, while zinc fell 0.3% to $2,078, while zinc fell 0.3% to $3,094 and tin fell 0.6% to $28,730.

SHFE aluminum rose 0.3% to 20,390 yuan per ton, lead rose 0.7% to 17,490 yuan, tin jumped 2.3% to 242,190 yuan, tin jumped 2.3% to 242,190 yuan, zinc added 1.3% to 242,190 yuan, zinc added 1.3% to 25,550 yuan, while nickel fell 1.2% to 125,690 yuan.