At the 5pm close, 3-month copper futures were settled at $6,395 per tonne, a 1.4% gain from last Friday, when news of Chilean supply strength
proved negative for market sentiment. The price had been as high as $6,428 per tonne.
The metal’s price rise came as macroeconomic data started to indicate a gradual recovery in regions heavily affected by the Covid-19 pandemic.
The JOLTS assessment of job openings in the United States exceeded expectations when it was announced today,...