Shanghai copper hits 1-month high on trade talks.

Shanghai copper jumped to a more than one-month high, while London copper hit its highest in over two weeks on Thursday after China and the United States agreed to hold trade talks.

Chinese and US trade teams will hold talks in mid-September before high-level negotiations next month, China's commerce ministry said, adding that both sides agreed to take actual actions to create favourable conditions. The prolonged trade war has been weighing on global growth and on demand outlook for copper, used widely in power and construction.

The most-traded copper contract on the...

To continue reading

Request your trial

VLEX uses login cookies to provide you with a better browsing experience. If you click on 'Accept' or continue browsing this site we consider that you accept our cookie policy. ACCEPT