Copper rebounds on firmer risk sentiment and tight supply in China

LONDON: Copper prices recouped some of last week’s steep losses on Monday as risk sentiment improved while supply in China remained tight and the dollar slipped. Three-month copper on the London Metal Exchange (LME) rose 0.7% to $13,869 a metric ton by 1030 GMT, having lost 2.7% last week in its steepest weekly decline since March. Global stock markets nudged up from six-month lows on Monday, but…

First reported by Business Recorder 46 min ago1 source

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Business Recorder11:0446 min ago
Copper rebounds on firmer risk sentiment and tight supply in China (opens Business Recorder in a new tab)
LONDON: Copper prices recouped some of last week’s steep losses on Monday as risk sentiment improved while supply in China remained tight and the dollar slipped. Three-month copper on the London Metal Exchange (LME) rose 0.7% to $13,869 a metric ton by 1030…

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