LME Copper Rises for Fourth Consecutive Day to $13,810/Ton; Aluminum Rebounds 0.8% on U.S.-Iran Peace Deal

According to Jin10 Futures, on Wednesday, LME copper rose 0.25% to $13,810 per ton for the fourth consecutive day, supported by optimism over a U.S.-Iran peace agreement. Three-month aluminum rebounded 0.8% to $3,414.50 per ton on bargain hunting, recovering from a two-and-a-half-month low of $3,344 touched the previous trading day. The peace accord eased market concerns over supply disruptions in the Middle East, with international crude oil prices falling approximately 9% this week, alleviating inflation and growth worries and improving investor risk appetite.
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