On October 23, 2024, copper price on the London Metal Exchange (LME) increased 0.9%, reaching 9,648 USD/ton. The increase was driven by expectations of new economic stimulus measures from China, the world’s top copper consumer, although a stronger US dollar reduced the appeal of the metal. China’s economic support measures are likely to maintain high […]
Early in the morning of September 25, the copper price was recorded trading directly on the LME at 9,844 USD/ton, up nearly 200 USD, or about 2% compared to yesterday’s price of September 24. The three-month copper price on the London Metal Exchange (LME) increased by 1.5% to 9,687 USD/ton, after reaching a peak of […]
Copper prices in the international market have risen on hopes of economic stimulus measures from China, the world’s largest copper consumer, along with the price difference between the London Metal Exchange (LME) and the Shanghai Futures Exchange (ShFE), fueling a wave of buying. Investors are also awaiting US inflation data, which is expected to have […]
International copper prices have seen a slight increase after China announced major investments in Africa’s power grid, but the rally may be short-lived due to technical factors and uncertainties in the global economy. China’s investment and the role of copper in the energy industry China, the world’s second-largest economy, has pledged nearly $51 billion to […]