for the first nine months of the year the market was in a 161000 tonne deficit compared with a 239000 tonne deficit in the same period a year earlier the international copper study group saidcopper prices edged higher on tuesday buoyed by a softer dollar though jitters over the rapid spread of the omicron coronavirus variant capped gains threemonth copper on the london metal exchange rose 05 to 9491 a tonne as of 0240 gmt while the mosttraded january copper contract on the shanghai futures exchange gained 04 to 69180 yuan 1085347 a tonne the dollar lost some ground overnight after us senator joe manchin a moderate democrat who is key to president joe bidens hopes of passing a 175 trillion domestic investment bill said on sunday he would not support the package advt a weaker dollar makes the greenbackdenominated commodity less expensive for those holding other currencies however gains were limited by concerns over the fastspreading omicron variant prompting restrictions in europe and the united states fundamentalslme aluminium rose 03 to 2680 a tonne nickel gained 08 to 19495 a tonne lead edged 03 higher to 23005 a tonne and tin was up 05 at 38400 a tonneshfe aluminium fell 09 to 19535 yuan a tonne nickel was down 09 at 143560 yuan a tonne zinc slipped 14 to 23485 yuan a tonne lead edged up 03 to 15545 yuan a tonne and tin rose 05 to 284550 yuan a tonnechiles mining sector is bracing for tighter environmental rules ahead after presidentelect gabriel boric pledged to oppose a controversial 25 billion ironcopper mine that was approved in august after years of legal wranglinga peruvian community blocking a road used by mmg ltds las bambas copper mine will again not participate in a governmentbrokered meeting to be held on tuesday a representative said the company suspended production indefinitely from saturdayfor the first nine months of the year the market was in a 161000 tonne deficit compared with a 239000 tonne deficit in the same period a year earlier the international copper study group said advt global primary aluminium output fell 022 year on year in november to 5497 million tonnes data from the international aluminium institute iai showedalso read metalsomicron variant casts shadow over industrial metalsthere is increasing concerns over rising omicron variant cases especially in europe said ing analyst wenyu yao adding that further lockdowns could damage metals demandsee more details metals london copper gains as risk appetite supply concerns increasethreemonth copper on the london metal exchange was up 21 at 93915 a tonne as of 0540 gmt in the previous session the metal hit a low since oct 7 at 9135see more details reuters published on dec 21 2021 at 1219 pm ist telegram facebook copy link be the first one to comment comment now comments comment now read comment 1 all comments post post find this comment offensive choose your reason below and click on the submit button this will alert our moderators to take actions reasons