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Stock impact report

METALS-Copper prices ease amid global economic uncertainties [Reuters]

Aluminum Corporation of China Limited American Depositary Shares (ACH) 
Company Research Source: Reuters
METALS-Copper prices ease amid global economic uncertainties SINGAPORE, Aug 28 (Reuters) - London copper prices edged down on Wednesday, as the lack of any clear moves to resolve the protracted U.S.-China trade conflict weighed on the demand outlook for the red metal. China’s foreign ministry reiterated on Tuesday that it had not heard of any recent telephone call between the United States and China on trade, and said it hopes Washington can stop its wrong actions and create conditions for talks. FUNDAMENTALS * COPPER: Three-month copper on the London Metal Exchange edged down 0.1% to $5,677 a tonne by 0234 GMT, while the most-traded copper contract on the Shanghai Futures Exchange advanced 0.5% to 46,570 yuan ($6,565.81) a tonne. * PRICES: London zinc and lead fell 0.6% each, while other metals were almost unchanged. Shanghai aluminium rose 0.5%, nickel fell 0.5% while zinc increased 0.9% and lead rose 1%. * CHALCO: Aluminum Corp of China Ltd,, known as Chalco, said on Tuesday its re Show less Read more
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