Supply woes keep base metal benchmarks up, copper, nickel, lead post gains

09.07.2019

Copper prices rose on Monday as traders and funds reversed bets on lower prices, but the protracted U.S.-China trade dispute and subsequent damage to global growth and demand capped gains.

Benchmark copper on the London Metal Exchange was untraded in official rings, but bid up 0.4% at $5,928 a tonne.

“The resolution,...