Economy
Copper Prices Rise on Chinese Demand Recovery and Chilean Mine Supply Risks

Copper Prices Rise on Chinese Demand Recovery and Chilean Mine Supply Risks

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THE BRIEF
1

Copper futures climbed up to 1.2 percent on the London Metal Exchange, heading for a weekly gain of roughly 1.5 percent.

2

Low inventories in China following a national holiday and a four-year high in import demand boosted market sentiment.

3

Traders monitored potential output disruptions from a strike at Antofagasta's Centinela mine in Chile, alongside broader Federal Reserve rate expectations.