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Metals: copper prices rise

17/03/2025
Source : ORISHAS FINANCE
Categories: Sectors

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Supported by the latest economic recovery plan from China, the main consumer of metals, and by a weaker dollar, copper prices rose on Monday.

After reaching $9,850 on Friday, its highest level since October 9, the three-month benchmark copper on the London Metals Exchange rose by 0.4% to $9,821 per metric ton at 1049 GMT. Meanwhile, LME aluminum was up 0.7% to $2,699

per ton.

In other metals, zinc rose 0.4% to $2,984.50 per ton, lead gained 1.1% to $2,091, tin increased 0.4% to $2,091, tin increased 0.4% to $35,270, and nickel rose 0.9% to $16,610.

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