Shanghai copper prices rose on Tuesday to their highest in nearly three months, as a solid recovery in China demand and the reopening of economies from a coronavirus-induced lockdown lent support.
The most-traded July copper contract on the Shanghai Futures Exchange (ShFE) rose as much as 1.2% to 44,800 yuan ($6,288.43) a tonne, its highest since March 6.
Three-month copper on the London Metal Exchange (LME) was down 0.2% at $5,475.50 a tonne, as of 0114 GMT, but hovered around its highest level in two and a half months hit in the previous session.
Jubilee Metals Group (LON:JLP) is a global, diversified metal recovery company that operates world-class projects, ensuring a positive impact on the environment and its stakeholders.