Tuesday, 02 January 2024 12:17 GMT

Near-Record Prices At LME Prompt Chinese Companies To Export 100,000 Tons Of Copper


(MENAFN- Investor Brand Network) Copper is a heavily traded metal that has different
applications in a number of industries . The metal's producers in China plan to export nearly 100,000 metric tons, their highest volume in more than a decade. Their objective is to cool a rally that has pushed prices toward new highs.

Producers in the East Asian country are selling into the rally , driven by a frenzy that saw prices of the red metal on the London Metal Exchange reach...

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