increase due to a weaker US dollar.

Copper futures on the London Metal Exchange (LME) rose 0.4% in three-month contracts.

Three-month copper futures on the London Metal Exchange (LME) rose 0.4% to $9,036.50 per ton.

This metal, used in electrical and construction applications, has traded in a narrow range for two weeks as the market awaits details on potential US tariffs and a possible response from China.

US President Donald Trump announced details of his plan to impose tariffs on China, Canada, and Mexico on Monday, pledging an additional "10% tariff" on all Chinese imports.

"The prospect of a trade war has fueled expectations that Beijing will unleash more aggressive stimulus measures," said Ewa Manthey, a commodities analyst at ING. "Any sustained increase in metal prices will depend on the strength and speed of the stimulus rollout."

China's industrial profits fell in October, but not as sharply as the previous month, due to lingering deflationary pressures while demand remained weak in its crisis-ridden $19 trillion economy .

Meanwhile, LME aluminum fell 0.1% to $2,611 a ton, pressured by supply after mining company Rio Tinto lifted force majeure on aluminum oxide exports from its Australian refineries.

Tin fell 2.2% to $28,215 after touching $27,765, its lowest level since April 3, due to pressure from investment funds reducing their net long speculative positions.

Tin is heading for a second monthly decline, and this drop has helped revive demand, a metals trader said.

Zinc rose 1.3% to $3,114 after hitting $3,149, its highest level since October 29, as the metal's availability in LME-registered inventories plummeted for a second consecutive day following announcements from holders indicating their intention to offload nearly 50,000 tonnes.

Lead rose 0.9% to $2,039.50 while nickel fell 0.1% to $15,965.

Source: https://kinhtedothi.vn/gia-kim-loai-dong-ngay-28-11-tang-do-dong-usd-yeu-hon.html