Copper Bounces From Key Technical Level on China Hopes

October 16, 2024, 05.40 PM
Copper Bounces From Key Technical Level on China Hopes

ILUSTRASI. Copper prices rebounded on Wednesday after the market stabilised at a key support level.

Source: ReutersEditor: Wahyu T.Rahmawati

COPPER - LONDON. Copper prices rebounded on Wednesday after the market stabilised at a key support level amid hopes that China will reveal more support for its ailing property sector.

Three-month copper on the London Metal Exchange (LME) was up 1% at $9,624 per metric ton by 0945 GMT after touching a three-week low in the previous session.

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