From The Economic Times · Reuters · · 1m
Copper Prices Drop as Mine Strike Ends
Copper prices fell 0.1% on Monday as Chilean mine strike ended and supply concerns eased.
In brief
Copper prices fell 0.1% on Monday as Chilean mine strike ended and supply concerns eased. Copper prices dropped 0.1% to $14,385 a metric ton after Chilean mine strike ended and supply worries eased. Originally reported by The Economic Times.
Copper Prices Fall
Copper prices fell 0.1% to $14,385 a metric ton on Monday.
Chilean Mine Strike Ends
Workers at Antofagasta's Centinela mine ended a strike that began on October 7.
Inventories Rise
Available copper stocks in LME-registered warehouses rose to a two-month high of 147,450 tons.
US Tariff Concerns
Deutsche Bank's head of metals research said US tariffs are part of a strategic shift over critical minerals supply chains.
China Economic Growth
China's economic growth bounced off three-year lows in the third quarter due to higher exports.
Aluminium Production
China's primary aluminium production hit a record quarterly high as smelters maintained high operating rates.
The short version
Copper prices dropped 0.1% to $14,385 a metric ton after Chilean mine strike ended and supply worries eased.
