The price of buyer rises to the highest level in 3 months due to the scarcity of supplies and commercial hope

The price of buyer has risen to its highest level in three months in light of the continued supply pressure, and the improvement of the morale of risk to optimism is that the United States can reach trade agreements with other major economies. Immediate copper contracts were circulated with large bonuses compared to future delivery contracts, in a market structure known as the ‘Pakardation’, which indicates the scarcity of supplies. Copper supplies in London and China have decreased, the shares on the London metal share exchange and China have seen a rapid decline in recent months, after traders have transferred record quantities to the United States to expect the date of implementation of customs duties proposed by the White House. Again, known as the difference between copper contracts for tomorrow and tomorrow, ie the bonus to buyer to be delivered within one day, compared to the contracts that end after an extra day, Tuesday after reaching the highest, the commercial developments of the Price Exchange of the London reached the highest point. For minerals at 08:39 o’clock local time. Earlier, the $ 9984 level, the highest since March 27, affected. The shares have also helped improve the appetite for risk thanks to the hope that the United States are close to the conclusion of agreements with its most prominent trading partners. Meanwhile, zinc fell 0.9% to $ 2728 a tonne, as the accumulation of shares in China twice indicated the demand in the largest country that consumes this mineral. Zinc is mainly used in steel galvanization and has dropped by more than 8% this year. Its supplies extracted from mine have increased at a time when the property sector and the slow economy in China are generally asked.