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Trade tensions between the United States and China: drop in copper in London

16/04/2025
Source : ORISHAS FINANCE
Categories: Raw materials

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As trade tensions between the United States and China increased, copper prices in London fell on Wednesday.

The three-month reference price for copper on the London Metal Exchange (LME) was down 0.7% to 9,102.5 dollars per metric ton at 03:59 GMT. The most traded copper contract on the Shanghai Futures Exchange (SHFE) fell 0.6% to 75,550 yuan ($10,311.74) per ton.

LME aluminum lost 0.4% to $2,366.5 per ton, lead fell 0.6% to $1,903, nickel fell 0.8% to $15,435 per ton, zinc fell by 0.8% to $15,435 per ton, zinc fell by 0.8% to $2,435 per ton, zinc fell by 0.8% to $2,595 per ton, while tin rose 0.5% to $31,205 per ton.

SHFE aluminum lost 0.6% to 19,510 yuan per ton, zinc fell 1.8% to 21,945 yuan, lead fell 0.6% to 16,705 yuan, lead fell 0.6% to 16,705 yuan, tin fell 1.2% to 16,705 yuan, tin fell 1.2% to 256,340 yuan, and nickel gained 0.6% to 124,380 yuan.

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