The price of buyer is on its way to the best month in a year with the exacerbation of supply disorders

The price of copper is achieving the largest monthly profits in a year, and it trades at a level slightly less than the highest closure in 16 months, as investors balance the default of supplies and the poor data issued by the industrial sector in China. The future decades of three months have dropped slightly to settle nearly $ 10.382, but it is still 5% high since the beginning of September, on the way to register the biggest rise since the same month of 2024. The prices received support from supplies, the last of which was the announcement of the ‘FreePort-McMran company’ announcement. Indonesia. The price of buyer was closed at the highest level on Monday since May 2024. The Gulf of Ascension continued the analysts at the Societe General Bank in a research note: “The longer the work in the mine stops, the longer the wave of Ascension continues,” the performance of the buyer describes that it is a “strong and fast rise”. Analysts added that stopping production in the “Grassburg” mine, in addition to the ongoing growth in demand, the market this year could possibly place on the registration of the largest annual deficit since 2004. Also read: The price of buyer is on its way to the biggest weekly profit since April with the lack of supplies, the weakness of the Chinese industry has continued to shrink the total level. Sixth month in a row, a longer registration, a longer registration a wave of decline since 2019. The official purchase managers’ index for the manufacturing sector scored 49.8 points, and lectures below the 50 level indicate a contraction in industrial activity. These numbers are the first indication that the slowdown in the economy continued until the end of the third quarter. “Despite the seasonal fluctuations and other temporary factors, we see that the economy needs more support from policy to avoid a serious decline,” Bloomberg Economics Unit said. It may be interested in: Partly recovery of factories activities in China .. but the recession for the sixth month extends the volatility of buyer during a year characterized by copper performance this year with volatility, influenced by the interruptions of the supplies and transformations in the commercial policy, followed by the Donald Trump Administration, or now through the fees of the Coper Productor of Dids -Definitions are. States. On the other hand, extensive expectations of great demand prevail, powered by a shift to clean energy and growing investments in artificial intelligence data centers. The future copper contracts fell 0.3% to $ 10,382.50 per tonne on the London Metal Stock Exchange at 11:22 in Singapore, but it is still 18% high since the beginning of the year. In May last year, prices reached their highlight above the 11 thousand dollars level. As far as other minerals are concerned, the prices of aluminum, zinc, nickel, lead and tin dropped during the contemporary session.