Copper posts gains as other base metals depreciate

07.12.2022

Copper prices advanced on Tuesday as hopes grew that demand will rebound in top consumer China after more cities eased COVID-19 restrictions.

Three-month copper on the London Metal Exchange rose 0.5% to $8,432.50 a tonne by 0314 GMT, while the most-traded January copper contract on the Shanghai Futures Exchange edged down...