down from a five-month high

The three-month benchmark currency on the LME fell 0.1%.

The three-month benchmark on the LME fell from a five-month high and declined 0.1% to $9,894.5 per ton.

US President Donald Trump had previously ordered an investigation into potential new tariffs on copper, driving up the premium for copper on the Comex exchange compared to the LME contract, which was at a record high of $1,192 per ton on Tuesday.

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World copper prices fell to $13,572 per ton due to macroeconomic pressures and geopolitical tensions.Metal markets weakened across the board on June 10th as investor sentiment was affected by the Middle East conflict and expectations regarding the Fed's interest rate policy.

Risk of heavy rainfall exceeding 80mm in 3 hours in Southern Vietnam and Lam Dong province.From the evening of June 2nd to the night of June 3rd, the Southern region and Lam Dong province experienced moderate to heavy rain and thunderstorms with rainfall amounts generally ranging from 30-70mm, and locally very heavy rain exceeding 100mm (rain concentrated in the afternoon and evening).

decline due to weak trade data.

One trader said: "President Trump's potential tariffs on copper are something we're watching closely right now, and the Comex premium against the LME continues to rise as the market speculates on a potential 25 percent tariff on copper from President Trump."

Meanwhile, Vladimir Potanin, head of Russia 's mining and metals company Nornickel, said he expects updates on a Chinese copper production joint venture in the coming months.

Nornickel is in negotiations to establish a joint venture in China , with potential investments in initial financial plans for the 2025-2026 period.

LME aluminum fell 0.2% to $2,649.5 per ton, lead declined 0.1% to $2,093 per ton, zinc dropped 0.4% to $2,952 per ton, and tin declined 0.1% to $35,190 per ton. Nickel rose 0.5% to $16,325 per ton.

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Vietnam encourages US businesses to expand investment in high technology.On the morning of June 26th, at the Government Headquarters, Deputy Prime Minister Ho Quoc Dung received Mr. Jeff Place, Supply Chain Director of Coherent Group (USA). During the meeting, the Deputy Prime Minister affirmed that Vietnam encourages US businesses to expand investment, especially in high-tech, innovation, and semiconductor industries.

Encourage U.S. businesses to expand investment in high-tech sectors.Deputy Prime Minister Ho Quoc Dung said that Vietnam welcomes US businesses to continue expanding their operations in Vietnam, especially in high-tech industries and sectors with high added value.

Vietnam and the United States strengthen cooperation in addressing the consequences of war.VTV.vn - On June 22, General Secretary and President To Lam received Acting Secretary of the US Navy Hung Cao.

SHFE copper rose 0.4% to 80,660 yuan/tonne, SHFE aluminum fell 0.9% to 20,640 yuan/tonne, zinc fell 0.4% to 23,855 yuan, lead fell 0.1% to 17,615 yuan, and nickel fell 0.2% to 130,520 yuan. Tin rose 0.1% to 280,830 yuan.

Source: https://kinhtedothi.vn/gia-kim-loai-dong-ngay-20-3-giam-tu-muc-cao-nhat-trong-5-thang.html