Prices of London copper, often used to gauge global economic health, rose to a nearly one-week high on Tuesday as top metals consumer China’s decision to ease some COVID-19 restrictions fuelled expectations of a recovery in demand. Benchmark three-month copper CMCU3 on the London Metal Exchange (LME) was up 0.8% at $9,313.50 a tonne by …
The post London copper hits near 1-week high on hopes of demand revival first appeared on Hellenic Shipping News Worldwide.
Author: Capt. John
https://www.hellenicshippingnews.com/london-copper-hits-near-1-week-high-on-hopes-of-demand-revival/