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MNI BRIEF: China Copper Prices Up On Trump Inauguration

MNI (BEIJING) - Copper prices have found support after President Donald Trump decided not to implement China tariffs immediately following his inauguration and alongside his signalled intention to visit Beijing during the first 100 days, easing analyst concerns over US-China trade tensions, Shanghai Metals Market (SMM) said in a note on Tuesday. 

The Shanghai Futures Market three-month copper contract stood at CNY75,670 per tonne on Tuesday lunchtime, up from CNY75,400 yesterday, according to SMM data.

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MNI (BEIJING) - Copper prices have found support after President Donald Trump decided not to implement China tariffs immediately following his inauguration and alongside his signalled intention to visit Beijing during the first 100 days, easing analyst concerns over US-China trade tensions, Shanghai Metals Market (SMM) said in a note on Tuesday. 

The Shanghai Futures Market three-month copper contract stood at CNY75,670 per tonne on Tuesday lunchtime, up from CNY75,400 yesterday, according to SMM data.

Keep reading...Show less