SHANGHAI – London metals prices traded mixed on Monday as optimism over easing US-China trade tensions offered some respite to investors, although concerns over the fragile negotiations lingered.
Benchmark copper on the London Metal Exchange (LME) was flat at $9,375 a metric ton.
The thaw in relations was sparked by China’s decision to exempt certain US imports from its retaliatory tariffs, a move seen as a sign that the trade war between the two economic powerhouses may be abating.
The Trump administration had signal led a willingness to de-escalate the trade conflict last week, with US President Donald Trump confirming that talks on tariffs were underway with Chinese officials.
The protracted trade spat has raised concerns about a potential global recession, and investors have been closeFly watching developments.
