Copper price rises despite covid-19 worries in China
The copper price rose on Monday despite China’s spreading lockdowns. The country has so far decided to stick with its Covid Zero policy, despite growing evidence that it’s threatening economic growth. A copper fabricator in Henan that produces pipes and parts used in household appliances and medical devices said its sales were down 20% to 30% in tonnage terms in the first half of April from a year earlier. Many customers are at a standstill due to restrictions, said an official at the company, who asked not to be identified because of…
Read More Here
