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Metals: copper records a fall in prices

05/02/2025
Source : ORISHAS FINANCE
Categories: Raw materials

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En raison des craintes d' une escalade des tensions Trade between the United States and China, the largest consumer of metals, copper prices in Shanghai fell on Wednesday.

The most active copper contract on the Shanghai Futures Exchange fell by 0.2% to 75,370 yuan ($10,347.76) per metric ton at 05:04 GMT. Chinese markets were closed from January 28 to February 4 for the Lunar New Year holidays. é Copper over three months on the London Metal Exchange (LME) rose by 0.3% à 9,181.5 dollars per metric ton. é China imposed tariffs on some American imports on Tuesday, in quick response to tariffs imposed by the country on Chinese products, raising the stakes in a showdown between the world's top two economies

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SHFE aluminum remained stable at 20,250 yuan per ton, nickel fell 0.6% to 123,300 yuan, zinc fell 1.3% to 23,325 yuan, lead rose 2.1% to 23,325 yuan, lead gained 2.1% to 17,055 yuan, and tin rose 2.6% to 254,740 yuan. Aluminum at three months fell 0.5% to $2,625. LME zinc fell 0.2% to $2,802 per ton, tin gained 0.8% to $30,495, lead rose 0.4% to $1,978, and nickel gained 0.8% to $15,395

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