Non-ferrous base metals log gains as China recovery materialises

18.09.2023

Copper prices rose on Thursday as China's measures to support economic recovery helped to alleviate price pressure from high inventories while the market awaits major Chinese indicators.

Three-month copper on the London Metal Exchange (LME) was up 0.6% at $8,464 per metric ton in official open-outcry trading after touching a one-week...