BusinessCopper Gains Weekly on China Demand and Chile Mine Strike
Copper prices are set for a weekly gain due to rising Chinese demand and a strike at Chile's Centinela mine, one of the country's largest. Futures rose up to 1.2% on the London Metal Exchange. Low inventories in China after a holiday and a four-year high in import demand support the rally. US tariffs and Iran war risks also influence market conditions. The Federal Reserve's rate hike plans add complexity to copper's outlook.
Mint Markets·


