CAPITAL MARKETS

Solid gains for base metals

COPPER and zinc rose by more than 1% each overnight as the London Metal Exchange resumed trading after a UK holiday.

Kristie Batten
Solid gains for base metals

Zinc gained nearly 1.2% to US$2649.50 per tonne after inventories fell, while copper was up by just over 1% to $5770.50/t due to a strike at Grasberg. Bloomberg reported that the strike started on Monday...

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