London copper rises as weaker dollar boosts appeal

Capt. John

Copper prices in London advanced on Wednesday, as a weaker dollar made greenback-priced metals cheaper to holders of other currencies. Three-month copper on the London Metal Exchange CMCU3 rose 0.4% to $9,953.50 a tonne by 0136 GMT, while the most-traded July copper contract on the Shanghai Futures Exchange SCFcv1 fell 0.6% to 71,910 yuan ($11,225.94) …

The post London copper rises as weaker dollar boosts appeal first appeared on Hellenic Shipping News Worldwide.

Author: Capt. John

https://www.hellenicshippingnews.com/london-copper-rises-as-weaker-dollar-boosts-appeal/

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