Copper rises
Singapore: London copper futures bounced back on Tuesday underpinned by low inventories and technical support, but concerns of slowing growth in top metals consumer China limited gains.
Three-month copper on the London Metal Exchange was up 0.4 percent at $6,216 a tonne as of 0706 GMT and the most-traded copper contract on the Shanghai Futures Exchange finished down 0.4 percent to 48,810 yuan ($7,307.21) a tonne.
Headline stocks of copper in LME-registered warehouses gained 1,525 tonnes to 257,200 tonnes, but were still at their lowest since January. There was additional support for the copper market stemming from expectations of output disruption.
"Copper held up relatively well, as the possibility of supply disruption in Chile was back in the headlines," ANZ said in a note.
-
Kelsea Ballerini, Chase Stokes Not On Same Page About Third Split: Deets -
Shanghai Fusion ‘Artificial Sun’ Achieves Groundbreaking Results With Plasma Control Record -
Princess Anne Enjoys Andrea Bocelli, Lang Lang Performances At Winter Olympics Opening Ceremony -
Ben Stiller Cherishes Working With Late David Bowie -
Anti-inflammatory Teas To Keep Your Gut Balanced -
Polar Vortex ‘exceptional’ Disruption: Rare Shift Signals Extreme February Winter -
Which Countries Are Worst And Best In Public Sector AI Race? -
Matthew McConaughey Opens Up About His Painful Battle With THIS -
Emma Stone Reveals She Is ‘too Afraid’ Of Her ‘own Mental Health’ -
China Unveils ‘Star Wars’-like Missile Warship For Space Combat -
King Charles Facing Pressure Inside Palace Over 'Andrew Problem' -
Trump Refuses Apology For Video Depicting Obama As Apes Amid Growing Backlash -
Jesy Nelson Reflects On Leaving Girls' Band Little Mix -
World’s First Pokemon Theme Park Opens In Tokyo, Boosts Japan Tourism -
Waymo Trains Robotaxis In Virtual Cities Using DeepMind’s Genie 3 -
5 Simple Rules To Follow For Smooth, Healthy Hair