Copper price hits $6,290

MINERS processing copper at one of the mines on the Copperbelt.

THE price of copper yesterday hit its highest since May last year ahead of the United States-China phase one trade deal.
The price of copper, which is Zambia’s main source of export earning, hit US$6,290 on the London Metal Exchange (LME) representing about 1.5 percent increase, the highest mark recorded since mid-last year.
Any increase in the price of copper entails improved foreign exchange revenue for Zambia, whose economy is mainly driven by copper mining.
Australian-based Business News said investors await the signing of the trade deal between the two super powers CLICK TO READ MORE

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