13 Nov 2018
Base metals that had opened flat to negative in early trades today have pared all its losses to trade higher.
LME Copper has risen 1.4% while Zinc prices gained 1.1% following rebound in Chinese equity markets.
The metals have risen amid reports that China and the US have resumed high-level talks on trade. US Treasury Secretary Steven Mnuchin and Chinese Vice Premier Liu He have restarted discussions on trade ahead of a planned meeting between Presidents Trump and Xi later this month, Bloomberg reported.
Chinese Premier Li Keqiang said in Singapore that the two sides would find a solution to differences over trade that's in the common interests of both parties.