Copper drops with weak Chinese pressure and vague Trump -fee

Copper and aluminum prices have dropped with investor moral affected by the uncertainty about customs duties of US President Donald Trump’s administration, while signs of the Chinese economy have contributed the dark expectations of global growth. The Chinese inflation data released on Sunday indicates a constant weakness in demand, as the second largest economy in the world is suffering as a result of the real estate crisis that has been underway for years. Meanwhile, Trump has warned that the US economy is facing a ‘transition period’ at the turmoil of its commercial policy. The price of buyer dropped from its highest levels in 4 months as it fell by 1.1% to 9512 dollars per tonne at nine in the morning local time on the London Metal Stock Exchange. Aluminum and zinc prices also dropped, while future iron crude contracts in Singapore dropped below $ 100 per tonne. Industrial primary commodities have so far been steadfast amid commercial wars that Trump has come to power since January. On March 6, the London Metal Stock Exchange Index touched the price of 6 basic minerals, the highest level in about 5 months, while the price of buyer has risen by more than 8% since the beginning of this year.