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Reuters reported that copper rose in London on Wednesday from a six-week low, encouraged by positive economic data coming from China.
Reuters reported that copper rose in London on Wednesday from a six-week low, encouraged by positive economic data coming from China.
As quoted in the market report:
Benchmark three-month copper on the London Metal Exchange edged up 0.37 percent to $7,860 a metric tonne in official midday rings. It touched $7,807.75 the day before, its lowest level in six weeks and below key support at its 200-day exponential moving average.
