KONTAN.CO.ID - JAKARTA. Prices of most non-ferrous metals rose on Thursday on hopes for higher demand from top consumer China after it eased COVID-19 curbs and as the dollar weakened. Three-month copper on the London Metal Exchange rose 0.7% to $8,514.50 a tonne by 0739 GMT, while the most-traded January copper contract on the Shanghai Futures Exchange edged up 0.8% at 66,360 yuan ($9,519.71) a tonne. China on Wednesday announced the most sweeping changes to its strict anti-COVID-19 regime since the pandemic began three years ago, allowing infected people with mild symptoms to quarantine at home and dropping testing for people travelling domestically.
Most Metals Rise on Demand Hopes as China Eases Covid Curbs
KONTAN.CO.ID - JAKARTA. Prices of most non-ferrous metals rose on Thursday on hopes for higher demand from top consumer China after it eased COVID-19 curbs and as the dollar weakened. Three-month copper on the London Metal Exchange rose 0.7% to $8,514.50 a tonne by 0739 GMT, while the most-traded January copper contract on the Shanghai Futures Exchange edged up 0.8% at 66,360 yuan ($9,519.71) a tonne. China on Wednesday announced the most sweeping changes to its strict anti-COVID-19 regime since the pandemic began three years ago, allowing infected people with mild symptoms to quarantine at home and dropping testing for people travelling domestically.