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    <pubDate>Sun, 05 Apr 2026 18:30:25 +0500</pubDate>
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      <title>Copper hits 2-week high as top producer Chile closes border
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      <link>https://english.aaj.tv/news/30256183/</link>
      <description>&lt;p&gt;&lt;strong&gt;HANOI: Copper prices rose to their highest in two weeks on Tuesday, as top producer Chile's decision to close its border amid rising COVID-19 cases raised further supply concerns in an already tight market.&lt;/strong&gt;&lt;/p&gt;

&lt;p&gt;Three-month copper on the London Metal Exchange climbed as much as 3.6% to $9,104 a tonne, its highest since March 23.&lt;/p&gt;

&lt;p&gt;The most-traded May copper contract on the Shanghai Futures Exchange also hit its highest in two weeks, advancing as much as 2.3% to 67,670 yuan ($10,308.32) a tonne.&lt;/p&gt;

&lt;p&gt;Chile closed its borders and tightened an already strict lockdown last week to slow the spread of COVID-19 and stop the influx of contagious new variants as cases climbed past 1 million despite one of the world's fastest vaccination rates.&lt;/p&gt;

&lt;p&gt;Meanwhile, tin prices jumped 3.7% to $26,045 a tonne in London and 3.6% to 186,790 yuan a tonne in Shanghai at 0120 GMT on supply worries after China restricted movements in a border city with Myanmar as COVID-19 cases rose.&lt;/p&gt;

&lt;p&gt;Myanmar is the world's third-biggest miner of tin and in 2020 accounted for more than 95% of imports of tin concentrate into China, the world's biggest metals consumer.&lt;/p&gt;

&lt;p&gt;FUNDAMENTALS&lt;/p&gt;

&lt;p&gt;LME aluminium rose 1.2% to $2,253 a tonne, LME nickel advanced 2.8% to $16,670 a tonne, while ShFE nickel was up 2.7% at 126,080 yuan a tonne.&lt;/p&gt;

&lt;p&gt;MARKETS NEWS&lt;/p&gt;

&lt;p&gt;Asian equities are poised to rise after the S&amp;amp;P 500 and Dow indexes set records as a streak of strong US economic data fueled optimism even as a smaller-than-expected climb in 10-year Treasury notes eased inflation concerns.&lt;/p&gt;
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      <content:encoded xmlns="http://purl.org/rss/1.0/modules/content/"><![CDATA[<p><strong>HANOI: Copper prices rose to their highest in two weeks on Tuesday, as top producer Chile's decision to close its border amid rising COVID-19 cases raised further supply concerns in an already tight market.</strong></p>

<p>Three-month copper on the London Metal Exchange climbed as much as 3.6% to $9,104 a tonne, its highest since March 23.</p>

<p>The most-traded May copper contract on the Shanghai Futures Exchange also hit its highest in two weeks, advancing as much as 2.3% to 67,670 yuan ($10,308.32) a tonne.</p>

<p>Chile closed its borders and tightened an already strict lockdown last week to slow the spread of COVID-19 and stop the influx of contagious new variants as cases climbed past 1 million despite one of the world's fastest vaccination rates.</p>

<p>Meanwhile, tin prices jumped 3.7% to $26,045 a tonne in London and 3.6% to 186,790 yuan a tonne in Shanghai at 0120 GMT on supply worries after China restricted movements in a border city with Myanmar as COVID-19 cases rose.</p>

<p>Myanmar is the world's third-biggest miner of tin and in 2020 accounted for more than 95% of imports of tin concentrate into China, the world's biggest metals consumer.</p>

<p>FUNDAMENTALS</p>

<p>LME aluminium rose 1.2% to $2,253 a tonne, LME nickel advanced 2.8% to $16,670 a tonne, while ShFE nickel was up 2.7% at 126,080 yuan a tonne.</p>

<p>MARKETS NEWS</p>

<p>Asian equities are poised to rise after the S&amp;P 500 and Dow indexes set records as a streak of strong US economic data fueled optimism even as a smaller-than-expected climb in 10-year Treasury notes eased inflation concerns.</p>
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      <pubDate>Tue, 06 Apr 2021 11:58:13 +0500</pubDate>
      <author>none@none.com ()</author>
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