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via thehindubusinessline.comMarkets

Copper rises as US inventories, bullish outlook builds

FROM THE WIRE · THEHINDUBUSINESSLINE.COM

The ‌London Metal Exchange rose 0.36% to $14,391 a metric ton by 0705 GMT, while the ⁠most-traded November copper contract on the Shanghai Futures Exchange closed down 0.27% at 109,550 yuan ($16,403.38) a ton

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishCopper is a key industrial metal and its moves shape expectations for demand and commodity prices.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01The London Metal Exchange rose 0.36% to $14,391 a metric ton.
  2. 02The most-traded November contract on the Shanghai Futures Exchange closed down 0.27% at 109,550 yuan.
  3. 03The headline cites US inventories and a bullish outlook.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
CopperCOMMODITY:COPPERCommodity6.58 USD-0.17%today +0.01%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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