Copper Rallies on Chinese Infrastructure Hopes - News Summed Up

Copper Rallies on Chinese Infrastructure Hopes


Copper prices rose after Beijing announced new measures to stimulate economic activity in the world’s second-largest economy, extending the metal’s gains for a second consecutive session. Copper for July delivery, the most-active futures contract, climbed 0.4% to $2.6715 a pound on the Comex division of the New York Mercantile Exchange. Prices advanced for the fifth time in the past seven sessions, though they are still about 10% below their April high on fears that trade tensions will slow the global economy and crimp demand...


Source: Wall Street Journal June 11, 2019 14:59 UTC



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