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    copper investing

    Copper Prices Rise on Strong China Data

    Teresa Matich
    Apr. 13, 2016 09:39AM PST
    Base Metals Investing

    The Wall Street Journal reported that LME copper prices  are rising on stronger trade data from China. As quoted in the publication: The London Metal Exchange’s three-month copper contract was up 0.9% at $4,810 a metric ton in midmorning European trade, having hit an eight-day high earlier in the session at $4,855 a ton. “[Base] …

    The Wall Street Journal reported that LME copper prices  are rising on stronger trade data from China.
    As quoted in the publication:

    The London Metal Exchange’s three-month copper contract was up 0.9% at $4,810 a metric ton in midmorning European trade, having hit an eight-day high earlier in the session at $4,855 a ton.
    “[Base] metal prices are being driven up by rising oil prices, firm Asian stock markets and positive Chinese economic data,” said Commerzbank AG in a note.

    Click here for the full article.

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