Copper Futures Surge 1.8%

Bloomberg reported that copper futures surged 1.8 percent after imports increased in China.

As quoted in the market news:

Copper futures for July delivery advanced 1.8 percent to settle at $3.343 a pound at 1:13 p.m. on the Comex in New York. The metal has fallen 13 percent this quarter on concern that easing growth in China and faltering economies in Europe will pinch demand.

Click here to read the full Bloomberg report.