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Copper Hits Two-Month High on Positive Chinese Growth
Dec. 11, 2012 08:19AM PST
Base Metals Investing Reuters reported that copper prices rose to a two month high on Tuesday, as investors were encouraged by Chinese factory output growth, although both imports and exports are below forecasts.
Reuters reported that copper prices rose to a two month high on Tuesday, as investors were encouraged by Chinese factory output growth, although both imports and exports are below forecasts.
As quoted in the market report:
Three-month copper on the London Metal Exchange closed up 1.3 percent at $8,140 a tonne, extending a small gain from the previous session,when it logged a fourth week of gains.
