The price of copper, Zambia’s major foreign exchange earner gained by over 0.3 percent to trade at US$ 5,662 from US$ 5,644 per ton.
Trade experts have attributed this rise to positive sentiments in the trade war between China and the United States of America.
According to the London Metal Exchange, monitored by Money FM today, a ton of copper is fetching US$ 5662.
In May this year the price of copper jumped after upbeat industrial activity data from China, consumer of half the world’s industrial metals.
During that same period copper added more than 2% to touch a high of $2.9955 per pound US$$6,604 per ton the highest level since early July last year.