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Precious metals: copper falls on Monday

20/01/2025
Source : ORISHAS FINANCE
Categories: Raw materials

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Due to a strong dollar and uncertainty about possible tariffs under the administration of US President-elect Donald Trump, most base metals, including copper, which hit a one-month high last week, fell on Monday.

Le cuivre à trois mois sur le London Metal Exchange (LME) a chut Hey de 0,3% 9 164 dollars la tonne m trique at 03:33 GMT. SHFE's most active copper contract fell by 1.3% to 75,400 yuan ($10,307.73) per ton. LME aluminum remained stable at $2,683, tin lost 0.3% to $29,670, nickel fell 1.6% to $15,845, lead remained stable at $1,967, and zinc lost 0.1% to $2,938. SHFE aluminum fell by 0.2% to 20,400 yuan per ton, nickel fell by 1% to 126,760 yuan, zinc rose by 1.2% to 24,200 yuan, lead added 0.4% to 16,780 yuan per ton, and tin remained stable at 248,170 yuan

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