Copper prices are hovering around their lowest levels in five months. Expectations of a deterioration in demand prospects are reinforced by weak manufacturing activity across the world

Copper, a reference on the London Metal Exchange (LME), rose by 0.3% to 8,792 dollars per ton at the official auction, after touching 8,757 dollars on Tuesday, its lowest level since 8 August. The dollar strengthened, resuming an ascent that has weighed on metal prices since the end of September. Industrial metals are also expected to be pressured by the uncertainty created by the prospect of US President-elect Donald Trump imposing tariffs on imports, which could trigger a trade war and hurt global economic growth and demand.

Aluminum hit an intraday high of $2,574.50 per ton due to supply concerns on the LME market. He earned 0.3% to 2,559 dollars as part of the official business. Aluminum stocks in warehouses registered with LME have fallen by more than 40% since May last year, to 634,650 tons. In other metals, zinc lost 0.9% to $2,951 per ton, lead fell by 0.5% to $1,942, tin fell 2.2% to $28,440, and nickel fell by 0.3% to $15,290