Copper metal price today, November 20, increased slightly when the USD's increase stopped.

Three-month copper on the London Metal Exchange (LME) rose 0.3% to $9,103.5 a tonne.

The most-traded December copper contract on the Shanghai Futures Exchange (SHFE) rose 0.5% to 74,170 yuan ($10,254.25) a tonne.

The dollar fell as traders booked profits after a rally that took the currency to a one-year high. A weaker dollar makes the greenback-denominated metal cheaper for holders of other currencies.

Meanwhile, China, the top consumer of metals, has experienced slowing economic growth.

The government has implemented support policies to revive the economy, but so far these measures have failed to boost investor confidence.

US President Donald Trump has pledged to end China's most favored nation trade status and impose tariffs on Chinese imports exceeding 60% - much higher than the tariffs imposed during his first term.

Last week, China's finance ministry said it would reduce or cancel export tax rebates on aluminum and copper products.

LME aluminium rose 0.3% to $2,616, nickel fell 0.2% to $15,700, zinc rose 0.1% to $2,955, lead fell 0.1% to $1,989 and tin rose 0.7% to $29,245.

SHFE aluminum fell 0.2% to 20,515 yuan/t, nickel rose 0.8% to 124,800 yuan, tin rose 1% to 243,230 yuan, lead rose 0.2% to 16,770 yuan and zinc rose 0.9% to 24,680 yuan.

Source: https://kinhtedothi.vn/gia-kim-loai-dong-ngay-20-11-tang-gia-nhe-khi-da-tang-cua-dong-usd-dung.html