Base Metals Preview: Copper Sustains Recovery Above $3.4 Mark

6 Sep 2022 , 08:56 AM

Copper prices sustain yesterdays good recovery after China pledged to make renewed efforts to boost its economy on Monday. Chinese government officials said that the country would likely increase its pace of stimulus measures in the third quarter, after the economy barely expanded in the second quarter. Improving sentiments in Asian markets on Tuesday also supported the red metal. COMEX copper is quoting higher by 0.15% at $3.46 per pound. Powered by Commodity Insights