Copper prices on March 18th: slightly increased.

Copper rose 0.2% on the London Metal Exchange.

Copper rose 0.2% to $9,804 a ton on the London Metal Exchange after gaining as much as 0.5% earlier. Prices hit $9,850 on Friday, their highest level since October.

The Chinese government announced a special action plan over the weekend to boost demand. Consumption in the country accelerated earlier in the year, helping to offset the impact of US President Donald Trump's tariffs that are putting pressure on Chinese exporters. Retail sales rose 4% in the first two months of the year, exceeding forecasts.

This industrial metal has risen about 12% this year as US President Donald Trump's tariffs add volatility to a market already struggling with mine supply shortages.

However, China's struggling real estate sector, a pillar of metal demand, has yet to bottom out. New home prices in China fell more sharply last month, despite government efforts to support the market.

Aluminum remained stable at $2,682.50 per ton, and nickel rose 0.7%. China's aluminum output increased 2.6% to 7.32 million tons in the first two months, or a record high of 124,068 tons a day, according to government data.

Source: https://kinhtedothi.vn/gia-kim-loai-dong-ngay-18-3-tang-nhe.html