Copper prices rise on hopes of stimulus in China

Copper price rose on Tuesday on hopes of stimulus in China and some improvement in factory activities in the country.

Three-month copper on the London Metal Exchange rose 0.2% to $8,579.50 per metric ton by 0757 GMT.

The most-traded February copper contract on the Shanghai Futures Exchange (SHFE) was flat at 68,960 yuan ($9,671.94) per metric ton.

Factory activity at the world’s biggest metals consumer expanded at a quicker pace in December, a private-sector survey showed.

Jubilee Metals Group plc (LON:JLP) is a diversified metal recovery business with a world-class portfolio of projects in South Africa and Zambia. The Company’s expanding multi-project portfolio across South Africa and Zambia provides exposure to a broad commodity basket including Platinum Group Metals, chrome, lead, zinc, vanadium, copper and cobalt.

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