The most-traded March copper contract on the Shanghai Futures Exchange closed up 0.1% at ¥47,340 ($6,903.59) a tonneBeijing: London copper prices drifted lower on Tuesday as the dollar firmed slightly, while investors awaited the outcome of the latest round of US-China trade talks in Beijing. Copper: Three-month copper on the London Metal Exchange was down 0.4% at $5,902.50 a tonne, as of 0701 GMT, after edging up 0.1% in the previous session. The most-traded March copper contract on the Shanghai Futures Exchange closed up 0.1% at ¥47,340 ($6,903.59) a tonne. Chile’s copper production could jump by nearly 30% over the next 10 years, Chile’s state copper agency Cochilco said on Monday. In Shanghai, zinc ended up 0.7%, tracking a jump in the LME price on Monday, but aluminium slipped 0.6% and lead lost 1.3%.

Source: Mint January 08, 2019 15:45 UTC