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Copper premiums in China have spiked to their highest in more than seven years as an administrative issue over value-added tax (VAT) on imports exacerbates tight supply amid decade-low inventories in the world’s biggest consumer of the metal. The premium for physical copper over Shanghai Futures Exchange (ShFE) prices SMM-CU-PND stood at 1,225 yuan ($191.71) ...

Copper prices rose on Tuesday, buoyed by decades-low supplies and an extreme shortage of readily available metal in exchange warehouses. Three-month copper on the London Metal Exchange CMCU3 rose 1.3% to $10,325 a tonne by 0531 GMT, while the most-traded November copper contract on the Shanghai Futures Exchange SCFcv1 was almost unchanged at 75,620 yuan ...

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London copper prices on Friday were on track for their biggest weekly gain in nearly five years on supply concerns and as sentiment was supported by the metal surpassing a key psychological level. Three-month copper on the London Metal Exchange CMCU3 rose 0.4% to $10,025 a tonne by 0633 GMT. It was up 7.1% on ...

Article content Industrial metals, used across a wide range of sectors, fell on Tuesday, as a surge of infections by the Delta variant of the coronavirus globally threatened a sustainable economic recovery. Three-month copper on the London Metal Exchange fell 0.8% to $9,623 a tonne by 0709 GMT, aluminum was down 0.6% to $2,600.50 a tonne, nickel dropped 1.6% to $19,210 a tonne and zinc shed 2.1% to $2,986.50 a tonne. We apologize, but this video has failed to load. Try refreshing your browser, or Base metals decline as resurgence in virus cases weighs Back to video The most-traded September...