The price of buyer rises to the 'pure' exclusion of Trump's fees
The price of copper has risen slightly, with traders continuing to evaluate the decision of US President Donald Trump, with the exception of the most traded form of metal from import fees by 50%, amid the fear of supplies raised by a deadly accident in a Chilean mining. The price of copper increased by 1.1% on the London Metal Stock Exchange, with the stability of the trade after the sudden step through the White House last week, except for refined (purified) buyer of new customs duties. The decision on Thursday led to a record of 22% in US prices to return to the level of a draw with the global index of the London Metal Stock Exchange. The most prominent question is the fate of the large quantities of buyer sent to the United States pending fees, amid the anticipation of the price roll of the price difference between London, New York and Shanghai to determine whether the metal will be rehearsed or will remain in the US ports. Less motifs for copper exports Monday are future copper contracts on the CME group “CME”, an increase of about 1.5%, or the equivalent of $ 130 per ton, with its counterpart on the London Stock Exchange, which weakens the immediate justification for Re -Export. Analysts at Bank of America, led by Irina Shawhardchzeh, wrote in ‘Ne -Mail -note: “Previously, the metal between the Chicago commercial and London mineral stock exchanges moved when the price difference between them exceeded a scope between 100 and 200 per tonne. died in the collapse of a tunnel caused by an earthquake last week in the “Leninte” mine, which contributes more than a quarter of the production of “codelco” giant in Chile. However, Evanawi officials expressed optimism about the chances of the complex restoring previous production levels, according to the announced targets. The price of copper on the London Metal Stock Exchange rose 0.8% to $ 9707.50 per tonne, with the local PM local time. Iron ore in Singapore rose 1.5% to $ 101.50 per ton, recovering from its biggest weekly loss since April.