Copper Prices Jump as Chinese Manufacturing Expands

Bloomberg reports that Copper prices had the biggest gain in almost four weeks as factory output expanded in China.

The market news is quoted as saying:

Copper futures for March delivery climbed 12.2 cents, or 3.2 percent, to settle at $3.9475 a pound at 1:44 p.m. on the Comex in New York, the biggest gain since Nov. 4. Earlier, the price reached $3.9505, the highest since Nov. 15.

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