The price of copper experiences a strong jump, amid the recovery shown by raw materials after the decline in the previous session.
The three-month future price of the red metal experiences a powerful increase of 1.99% on the London Metal Exchange to more than US $ 3.63. In a few more minutes, the Chilean Copper Commission will report the final price of the raw material.
Yesterday, the price of raw materials experienced a severe setback of 2.39%.
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This increase occurs despite the concern generated by the rapid increase in coronavirus infections both in Chile, China and the rest of the world, forcing the authorities to adopt new restriction measures.
Copper rises in the same proportion as the price of crude oil at the moment.
Ahead of the opening of the interbank market, the dollar, whose maximum reference is copper, already showed a decrease of 0.28%.