Reported 20 days ago
Copper prices have increased for the third consecutive day, buoyed by expectations of further economic support measures from China, following strong service activity data. Analysts predict additional price rallies contingent on the US election results, with past patterns indicating copper often rises on election day. Currently, copper trades at $9,759.50 per ton, and forecasts suggest it could temporarily hit $10,000 depending on election outcomes and economic factors.
Source: YAHOO