The copper price regained some strength on Thursday after consecutive losses, as weaker-than-expected economic data from top consumer China raised hopes the country would implement further monetary easing to prop up growth.
China’s gross domestic product expanded 7.9% year-on-year in the second quarter, missing expectations of an 8.1% rise in a Reuters poll, due to slowing manufacturing activity, higher raw material costs and new covid-19 outbreaks.
Jubilee Metals Group (LON:JLP) is a global, diversified metal recovery company that operates world-class projects, ensuring a positive impact on the environment and its stakeholders.
