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Metals: London copper cuts gains

14/04/2025
Source : ORISHAS FINANCE
Categories: Raw materials

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Plagued by concerns about the threat of US President Donald Trump to impose tariffs on semiconductors, copper prices in London abandoned their previous gains on Monday.

After reaching its highest level in more than a week earlier in the day, the three-month copper reference price on the London Metal Exchange (LME) was up 0.1% to 9,160 dollars per metric ton at 04:04 GMT. The most traded copper contract on the Shanghai Futures Exchange (SHFE) rose by 1.5% to 75,920 yuan ($10,389.61

) per ton.

SHFE aluminum increased by 0.4% to 19,695 yuan per ton, zinc increased by 0.5% to 22,465 yuan, lead gained 0.7% to 16,885 yuan, lead gained 0.7% to 16,885 yuan, nickel rose by 1.5% to 16,885 yuan, nickel rose 1.5% to 16,885 yuan, nickel rose 1.5% to 122,760 yuan per ton, tin rose 2.5% to 260,480 yuan.

LME aluminum gained 0.5% to $2,408.5 per ton, lead increased 0.2% to $1,918, tin increased 2.1% to $31,870, tin rose 2.1% to $31,870, zinc rose 0.4% to $31,870, zinc rose 0.4% to $2,661, and nickel rose 0.6% to $15,155 per ton.

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