Vietnam.vn - Nền tảng quảng bá Việt Nam

Copper metal price on March 15: reversed and decreased

Báo Kinh tế và Đô thịBáo Kinh tế và Đô thị14/03/2025


Three-month copper on the London Metal Exchange rose 0.1%.
Three-month copper on the London Metal Exchange rose 0.1%.

Benchmark three-month copper on the London Metal Exchange edged up 0.1% to $9,797 a tonne, down from $9,850 a tonne, its highest since Oct. 9.

Prices fell after new bank lending in China fell more than expected in February from a record high the previous month.

"This doesn't really instill confidence that China has got things under control in terms of stimulus and domestic activity, so that will be negative for copper prices," said Nitesh Shah, commodity strategist at WisdomTree.

Copper has swung between concerns that demand will suffer if growth slows and buying based on the assumption that tariffs will force US consumers to pay more for the metal.

The most-active U.S. Comex May copper futures contract was little changed at $4.93 a pound after hitting $4.96 a pound, its highest since May last year.

The Comex copper price differential over LME is $1,063/tonne.

Tin prices remain high after Alphamin Resources halted operations at its Bissie tin mine in the Democratic Republic of Congo. LME futures jumped to their highest since 2022 on Thursday.

Tin futures on the Shanghai Futures Exchange rose 8.6% after hitting a gain of more than 10% in morning trading in Asia.

LME tin rose 1.4% to $36,410 a tonne after hitting $37,100 a tonne, its highest since June 2022.

LME aluminium fell 0.2% to $2,696.50 a tonne, while nickel rose 1.1% to $16,690. Lead rose 0.5% to $2,082.50 and zinc rose 1% to $2,990.50.



Source: https://kinhtedothi.vn/gia-kim-loai-dong-ngay-15-3-quay-dau-giam.html

Comment (0)

No data
No data
Missiles and combat vehicles 'Made in Vietnam' show off their power at A80 joint training session
Admire the million-year-old Chu Dang Ya volcano in Gia Lai
It took Vo Ha Tram 6 weeks to complete the music project praising the Fatherland.
Hanoi coffee shop is bright with red flags and yellow stars to celebrate the 80th anniversary of National Day September 2nd
Wings flying on the A80 training ground
Special pilots in the flying formation to celebrate National Day September 2
Soldiers march through the hot sun on the training ground
Watch helicopters rehearse in the sky of Hanoi in preparation for National Day September 2
U23 Vietnam radiantly brought home the Southeast Asian U23 Championship trophy
Northern islands are like 'rough gems', cheap seafood, 10 minutes by boat from the mainland

Heritage

Figure

Business

No videos available

News

Political System

Destination

Product