The copper of LME rose to a maximum of two weeks yesterday after reopening after the long Easter weekend.
Trump’s comments suggest margin for the de -escalation on the commercial front
“The weakness of the dollar observed in recent days is providing some support. Meanwhile, Trump’s comments suggesting a reduction in tariffs to China leave margin for the de -escalation in the commercial front. Copper founditions in China increased production at a record level in March.”
“This is despite the processing rates at record levels, driven in part by the increase in the prices of by -products such as gold and sulfuric acid. The production of refined copper increased by 8.6% in March compared to the previous year, reaching 1.25 million tons, according to the National Office of Statistics of China. In the first quarter, the total production of Cobre refined from China was 3.54 million of tons, 5% more than in 2024. “
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
