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Copper pushes higher on Chinese buying, capped by firm dollar
LONDON: Copper prices extended gains for a sixth session on Tuesday as top metals consumer China stocked up ahead of holidays, though a stronger dollar dampened the rise. Benchmark three-month copper on the London Metal Exchange was up 0.7% at $14,770 a metric ton by 0930 GMT, having gained 1% in the previous session. LME copper has climbed 18% so far this year, mostly due to large flows of metals to the US on speculation about tariffs on refined copper. Copper hit a record peak of $14,875 on September 10, then tumbled after sources told Reuters that US officials were concerned that tariffs ma...
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