Copper prices fell on Tuesday as industrial activity in China was affected by rising COVID-19 infections

The world’s largest consumer of metals is currently dealing with a wave of escalating infections as a result of relaxing COVID restrictions

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China’s Economy Struggles as Supply Chain Interrupted

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On the Shanghai Futures Exchange, the most actively traded January copper Prices contract fell 0.4% at 65.070 yuan ($9.319.72) per tonne.

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The yen surged to a four-month high as the dollar index dipped 0.4% after the Bank of Japan (BOJ) announced it will review its policy for controlling the yield curve

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Other metals included LME lead, which nudged down 0.2% to $2,155.50, zinc. Which fell 0.1% to $3,009, and tin, which rose 1.2% to $23,575.

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Copper prices fell on Tuesday as industrial activity in China was affected by rising COVID-19 infections

Copper prices fell on Tuesday as industrial activity in China was affected by rising COVID-19 infections

The world’s largest consumer of metals is currently dealing with a wave of escalating infections as a result of relaxing COVID restrictions

The world’s largest consumer of metals is currently dealing with a wave of escalating infections as a result of relaxing COVID restrictions

China’s Economy Struggles as Supply Chain Interrupted

As economy struggles, prices are dropping, according to a futures trader in Beijing.

As economy struggles, prices are dropping, according to a futures trader in Beijing.

On the Shanghai Futures Exchange, the most actively traded January copper Prices contract fell 0.4% at 65.070 yuan ($9.319.72) per tonne.

On the Shanghai Futures Exchange, the most actively traded January copper Prices contract fell 0.4% at 65.070 yuan ($9.319.72) per tonne.

The yen surged to a four-month high as the dollar index dipped 0.4% after the Bank of Japan (BOJ) announced it will review its policy for controlling the yield curve

The yen surged to a four-month high as the dollar index dipped 0.4% after the Bank of Japan (BOJ) announced it will review its policy for controlling the yield curve

Other metals included LME lead, which nudged down 0.2% to $2,155.50, zinc. Which fell 0.1% to $3,009, and tin, which rose 1.2% to $23,575.

Other metals included LME lead, which nudged down 0.2% to $2,155.50, zinc. Which fell 0.1% to $3,009, and tin, which rose 1.2% to $23,575.