Copper prices near $10,000 per ton due to investor bets on global demand recovery and improved US-China manufacturing sectors.
Copper prices near $10,000 per ton due to increased investor bets on global demand recovery. The US and China's improved manufacturing sectors boost the metals market, while the Federal Reserve's uncertain interest rate cuts potentially delay inflation control. Aluminum and zinc values have slightly decreased. Copper reached a two-year high in April with persistent inflation attracting wagers on commodities.
April 22, 2024
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