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Metals: fall of copper

09/04/2025
Source : ORISHAS FINANCE
Categories: Raw materials

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Le cuivre a reached its lowest level in eight months, as the impending US tariff of 104% on imports of Chinese goods increased concerns about a slowdown in growth.

The most traded copper contract on the Shanghai Futures Exchange (SHFE) fell 2.0% to 71,950 yuan (9,789 dollars) per metric ton at 03:33 GMT at 03:33 GMT, hovering near its lowest level since August 12, 2024. é The three-month reference price for copper on the London Metal Exchange (LME) fell by 1% à $8,570 per metric ton é . SHFE aluminum fell by 2.2% to 19,305 yuan per ton, zinc lost 2.3% to 22,030 yuan, lead fell by 1.3% to 16,430 yuan, while nickel fell by 0.1% to 119,090 yuan, tin fell by 5.0% to 255,700 yuan, while nickel fell by 0.1% to 119,090 yuan, tin fell by 5.0% to 255,700 yuan

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Among other metals, LME aluminum lost 1.0% to $2,328 per ton, zinc lost 0.3% to $2,555, lead lost 0.7% to $1,857, lead lost 0.7% to $1,857, tin fell 2% to $1,857, tin fell 2% to $31,950, and nickel increased 0.9% to $14,300 per ton.

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