Copper Advances on China Demand Speculation: LME Preview

Base Metals Investing

Bloomberg reported that copper rose after data showed imports by China surged in October.

Bloomberg reported that copper rose after data showed imports by China surged in October.

As quoted in the market news:

Codelco, the world’s biggest copper producer, will cut the surcharge on sales to Japan next year by 5 percent, reducing the fee for the first time in three years, said two industry executives familiar with the matter.

Click here to read the full Bloomberg report.

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