Trade Resources Industry Views Copper Rose in London Before a Report That May Show Manufacturing in China Increased

Copper Rose in London Before a Report That May Show Manufacturing in China Increased

Khaleej Times reported copper rose in London before a report that may show manufacturing in China increased, adding to speculation of recovering demand by the biggest buyer.

Copper for delivery in three months gained 0.2% to USD 7,933 a metric tonne by 9:22 AM on the London Metal Exchange. Futures have advanced 4.4% this year. Copper for delivery in March rose 0.3% to USD 3.612 a pound on the Comex in New York.

Source: http://www.steelguru.com/metals_news/Copper_seen_rising_on_China_growth_hopes/296828.html
Contribute Copyright Policy
Copper Seen Rising on China Growth Hopes
Topics: Metallurgy