Tuesday 4 September 2018

Copper Settled Flat As Jitters Over Renewed Trade Tensions Between The United States & China

Copper trading range for the day is 418.8-428.2.

Copper settled flat as jitters over renewed trade tensions between the United States and China weighed on risk appetite and pushed up the dollar.

China's manufacturing activity grew at the slowest pace in more than a year in August, with export orders shrinking for a fifth month and employers cutting more staff.

Copper production at Codelco, Chile's state-owned copper mining company, rose 2 percent in the first half of 2018 to 813,000 tonnes.

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