Home » Business » Manufacturing
Copper prices soar
Print Edition
COPPER prices soared yesterday on news that China would ban imports of scrap metal by the end of 2018.
The most traded copper contract for September delivery rose 3.75 percent to 50,050 yuan (US$ 7,411) per ton at the Shanghai Future Exchange after an analyst verified that the recycling branch of China Nonferrous Metals Industry Association received a notice about the country’s ban on imports of scrap hardware such as waste wire and bulk scrap metal from the end of next year.
Copper price at the London Metal Exchange rose to a two-year high of US$6,400 per ton on Tuesday.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
