Aaj TV English News - News https://english.aaj.tv/ Aaj TV English en-Us Copyright 2026 Mon, 06 Apr 2026 03:01:16 +0500 Mon, 06 Apr 2026 03:01:16 +0500 60 Copper hits 10-year peak https://english.aaj.tv/news/30257802/ <p><strong>LONDON: Copper prices soared to 10-year highs on Monday as Chile supply concerns, sliding inventories, a weaker dollar and expected strong demand from top consumer China triggered fresh buying. Benchmark copper on the London Metal Exchange (LME) was up 2.1% at $9,754 a tonne at 1600 GMT. Prices of the industrial metal earlier hit $9,765 a tonne, the highest since August 2011.</strong></p> <p>Mining unions in Chile have threatened to protest if the government does not drop a bid to block Chileans from drawing down more of their pensions savings early. Port workers, meanwhile, have called for a general strike. Stocks of copper in LME-registered warehouses at 155,100 tonnes have fallen about 10% over the past couple of weeks. Aluminium was up 1.7% at $2,404.5 a tonne, zinc rose 2.5% to $2,924.5, lead gained 1% to $2,078, tin was up 1.3% at $27,130 and nickel added 1.7% to $16,675.</p> LONDON: Copper prices soared to 10-year highs on Monday as Chile supply concerns, sliding inventories, a weaker dollar and expected strong demand from top consumer China triggered fresh buying. Benchmark copper on the London Metal Exchange (LME) was up 2.1% at $9,754 a tonne at 1600 GMT. Prices of the industrial metal earlier hit $9,765 a tonne, the highest since August 2011.

Mining unions in Chile have threatened to protest if the government does not drop a bid to block Chileans from drawing down more of their pensions savings early. Port workers, meanwhile, have called for a general strike. Stocks of copper in LME-registered warehouses at 155,100 tonnes have fallen about 10% over the past couple of weeks. Aluminium was up 1.7% at $2,404.5 a tonne, zinc rose 2.5% to $2,924.5, lead gained 1% to $2,078, tin was up 1.3% at $27,130 and nickel added 1.7% to $16,675.

]]> https://english.aaj.tv/news/30257802 Tue, 27 Apr 2021 11:49:38 +0500 none@none.com (Reuters)