Copper prices edge higher as Russia-Ukraine tensions ease

Copper prices edge higher as Russia-Ukraine tensions ease

Copper prices firmed on Wednesday as easing fears of a Russian invasion of Ukraine boosted risk appetite, with investors closely watching the release of the Federal Reserve’s January policy meeting minutes for clues on the roadmap for rate hikes. Three-month copper on the London Metal Exchange (LME) was up 0.2% at $9,986 a tonne…

Copper prices climb on weak U.S. inflation

Copper prices climb on weak U.S. inflation

LONDON — Copper firmed on Wednesday as the dollar dipped on lower-than-expected U.S. inflation figures that softened expectations for stimulus to be tapered soon, while aluminum was powered by further cuts to production in China. Three-month copper on the London Metal Exchange (LME) rose for the first time this week, climbing 1.7% to $9,601 per…

Copper falls on strong dollar, easing supply worries

Copper falls on strong dollar, easing supply worries

Copper prices fell on Wednesday, pressured by a stronger U.S. dollar and easing worries about supply as the possibility of a strike at Chile’s Escondida mine looked less likely. The dollar was poised just below this year’s high against the euro and struck a five-week peak against the yen ahead of U.S. inflation data, with…

Copper trades flat in thin holiday trade

Copper trades flat in thin holiday trade

HANOI — Copper was unchanged on Monday in tepid trade due to a holiday in top consumer China, while worries eased over supply disruption after a strike in Chile was avoided. Three-month copper on the London Metal Exchange was almost flat at $10,007 a tonne by 0305 GMT. Aluminum rose 0.4% to $2,474 a tonne…