Copper prices inched higher Thursday, climbing alongside stocks and other risk assets as investors awaited updates on global trade policy. Front-month copper for May delivery edged up 0.2% to $2.7585 a pound on the Comex division of the New York Mercantile Exchange, advancing for the third consecutive session. Prices have trimmed much of their 2019 advance, falling 7.3% below their April peaks on fears that heightened trade tensions will slow the global economy and crimp demand for the industrial metal.
Source: Wall Street Journal May 16, 2019 13:07 UTC