Thursday, 10 January 2013

Copper ticks up on weak dollar, strong China data

Copper edged up on Thursday trade due to a weak dollar and strong data in Chinese exports indicating continuing economic strength in the top consumer of the industrial metal.
Copper futures for the most actively traded contract of March delivery, ended up by 3.85 cents or 1.1%, at $3.709 a pound, on the Comex metals division of the New York Mercantile Exchange. While copper on the London Metal Exchange ended at $8,110 a tonne.

1 comment:

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