BR100 Decreased By (-0.01%)
BR30 Increased By (0.5%)
KSE100 Increased By (0.34%)
KSE30 Increased By (0.44%)
AGHA 6.40 Increased By ▲ 0.08 (1.27%)
BECO 4.35 Increased By ▲ 0.08 (1.87%)
BML 62.65 Increased By ▲ 0.20 (0.32%)
BOP 31.44 Increased By ▲ 0.21 (0.67%)
CNERGY 11.67 Increased By ▲ 0.08 (0.69%)
CSIL 5.86 Increased By ▲ 0.14 (2.45%)
FCCL 60.85 Decreased By ▼ -0.69 (-1.12%)
FFL 14.73 Decreased By ▼ -0.29 (-1.93%)
FNEL 1.22 Decreased By ▼ -0.01 (-0.81%)
KEL 6.32 Increased By ▲ 0.06 (0.96%)
KOSM 5.95 Increased By ▲ 0.39 (7.01%)
LOTCHEM 24.68 No Change ▼ 0.00 (0%)
MLCF 103.50 Decreased By ▼ -0.58 (-0.56%)
NBP 173.15 Decreased By ▼ -2.13 (-1.22%)
NCPL 52.20 Decreased By ▼ -0.57 (-1.08%)
NPL 53.95 Decreased By ▼ -0.17 (-0.31%)
OGDC 316.50 Increased By ▲ 3.11 (0.99%)
PACE 9.21 Increased By ▲ 0.01 (0.11%)
PAEL 35.80 No Change ▼ 0.00 (0%)
PIBTL 13.65 Increased By ▲ 0.18 (1.34%)
PPL 226.52 Increased By ▲ 4.71 (2.12%)
PRL 80.21 Increased By ▲ 1.13 (1.43%)
PTC 46.60 Decreased By ▼ -0.25 (-0.53%)
SSGC 23.74 Decreased By ▼ -0.13 (-0.54%)
TBL 9.25 Decreased By ▼ -0.06 (-0.64%)
TELE 7.44 Increased By ▲ 0.05 (0.68%)
TPL 24.55 Decreased By ▼ -0.56 (-2.23%)
TPLP 12.86 Increased By ▲ 0.35 (2.8%)
TREET 26.11 Decreased By ▼ -0.14 (-0.53%)
TRG 53.29 Decreased By ▼ -0.15 (-0.28%)
By

Copper prices fell on Tuesday in London on a firmer dollar, but trade was tepid as markets in top consumer China were closed for a public holiday and ahead of key US jobs data this weekend.

Three-month copper on the London Metal Exchange edged down 0.2% to $9,235 a tonne by 0325 GMT, while aluminium was almost unchanged at $2,915 a tonne, nickel rose 0.4% to $18,000 a tonne, zinc advanced 0.6% to $3,034 a tonne.

The dollar index rose, making greenback-priced metals more expensive to holders of other currencies.

Financial markets are also awaiting US payrolls data at the end of the week for cues on the timing of a tapering of Federal Reserve stimulus and the start of interest rate hikes.

China is on holiday from Oct. 1-7.

Fundamentals

  • Chile's top miners saw their production of copper fall in August, Chilean state copper commission Cochilco said on Monday, impacted in part by a strike at a mine owned by state miner Codelco.

  • Global copper smelting activity rebounded in September as higher treatment charges spurred many smelters to increase output, data from satellite surveillance showed on Monday.

Comments

Comments are closed for this article.