Cop­per price up­date: Q1: 2018 over­view

Zambian Business Times - - INDUSTRIAL COMMODITIES -

COP­PER in Q1:2018 per­formed in a down­trend, de­clin­ing more than 6% to end March at US$6,683 per ton. As the chart be­low from Kitco shows, the cop­per price reached its quar­terly peak at the be­gin­ning of Jan­uary when it traded at US$7,202 a ton, sup­ported by a weaker US dol­lar and a strong de­mand out­look from China.

Cop­per the red metal used to man­u­fac­ture elec­tri­cal wires, earth­ing in­su­la­tion and bul­lets

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