Copper Hits Two-Month High on Positive Chinese Growth

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.

To view the whole Reuters report, click here.