12:37 - 3.10.2025

---

October 3, Fineko/abc.az. The rise in copper prices is gaining momentum amid concerns about supplies and the weakening US dollar.

ABC.AZ informs that the price of copper posted its biggest weekly increase since April, with prices about 5% below last year's record, amid supply disruptions, a weakening dollar, and optimism about demand.

Three-month futures are rising for the third day in a row, reaching $10,500 per ton at the London Metal Exchange.

"A number of supply issues contributed to growth, including announcement by Freeport-McMoRan Inc. of force majeure at the giant Grasberg mine in Indonesia," the agency specifies.