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Copper Price Today: LME Copper Rises to $6,090 Per Tonne
Apr. 29, 2015 11:04AM PST
Base Metals Investing
Copper prices rose 0.49 percent during trading on the LME on Tuesday to hit $6,090.5 per tonne, according to Investing.com.
Copper prices rose 0.49 percent during trading on the LME on Tuesday to hit $6,090.5 per tonne, according to Investing.com. The improvement followed weeks of gains by the metal fueled by lower-than-anticipated supply and continued attempts at economic stimulus from China, the leading copper consumer.
Weak U.S. economic data released on Tuesday, and a report from the recent Federal Reserve meeting will impact prices through the remainder of the week.
Copper for July delivery dipped 0.8 percent to trade at $2.764 a pound on the Comex, according to Investing.com.
