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London December 9th news: the London Metal Exchange copper futures closed higher Tuesday, by the weaker dollar and the Peru strike threat boost.
London afternoon mixed disc at the close of trading, LME three months period copper futures rose 1.2%, to $6480 a tonne.
Sucden Financial executive Liz Grant said, with the weak dollar, copper prices topped $6400.
She said, in addition, the relevant Antamina mine in Peru announced that it will start from Wednesday to happen again not regular news of the strike was to promote the copper price exceeded US $6500, to $6532, then down.
But MITSUBISHI (Mitsubishi Corp.) strategist Jonathan Butler said that copper prices rally could be short-lived, because investors now strategy is fenggao sell.
Aluminium prices closed up 0.3% to $1972 a tonne, zinc prices rose 0.1%, to $2223 a tonne, nickel prices fell 0.8%, to $16540 a tonne, lead fell 0.7%, to $2020 a tonne, tin prices rose 0.1%, to $20475 a tonne.
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