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Copper prices rose 0.5% on Friday on the London Metal Exchange



This 0.5% increase compared to Thursday had copper prices on Friday according to the daily report on the Chilean copper commission (Cochilco).

Raw materials closed at US $ 2,729 per pound on the London Metal Exchange (BML), gathering a 0.51% retracement for the week.

Expectations about new scheduled negotiations between the governments of the United States (US) and China for January have supported the quote of the mineral.

Authorities have planned a new round of negotiations to find a way out of the trade war they have been doing for months, and which has tested the resilience of the giant Asian economy, the world's largest copper consumer.

In this way, commodities showed an average price of US $ 2,767 per pound this month and averaged US $ 2,959 per pound in that year with a 5.9% increase. Inventories in London, meanwhile, fell 0.23% in the session with a total of 130,025 metric tons.


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