Copper prices have started to gradually nudge higher on the expectation that demand from China will pick up in the future. Copper prices nudged up one percent up today to $8,347.50 a ton after Chinese officials vowed to roll out more support for private and state-owned property developers – a market which has been in turmoil following the downfall of Evergrande and Country Garden. This follows wider measures announced in October by the Chinese state to try and kick start its lagging economy back into gear. Its sluggish post-pandemic recovery…
