increased for the third consecutive session

Three-month copper on the London Metal Exchange (LME) CMCU3 rose 0.5% to $9,564.50 a tonne, near a two-month high hit in the previous session. The contract has gained 3.3% so far this week.

The most-traded October copper contract on the Shanghai Futures Exchange SCFcv1 rose 1.3% to 75,870 yuan ($10,751.03) a tonne.

The US central bank has started its monetary easing cycle with a larger-than-usual half-percentage-point cut, boosting global risk assets.

Sentiment was also supported by expectations of further stimulus measures from China to revive economic growth as the US Federal Reserve's easing gives Beijing room to ease monetary policy without unduly damaging the yuan.

That came despite China unexpectedly keeping its benchmark lending rate unchanged at its monthly fixed rate meeting on Friday.

LME aluminium CMAL3 fell 0.1% to $2,536 a tonne, zinc CMZN3 rose 0.2% to $2,935, nickel CMNI3 rose 0.5% to $16,415, lead CMPB3 rose 0.6% to $2,087.50 and tin CMSN3 rose 1.2% to $32,200.

SHFE aluminum SAFcv1 rose 0.4% to 20,045 yuan/t, nickel SNIcv1 rose 1.1% to 125,800 yuan, zinc SZNcv1 rose 1.1% to 24,200 yuan, lead SPBcv1 rose 1.4% to 16,635 yuan and tin SSNcv1 rose 2.1% to 261,480 yuan.

Source: https://kinhtedothi.vn/gia-kim-loai-dong-ngay-23-9-tang-phien-thu-ba-lien-tiep.html