Copper futures climb on China growth expectations

Copper futures climbed on Monday on the speculation of faster economic growth in the world’s largest consumer of industrial metal, China after the country’s Premier Li Keqiang said the government will adjust policy to help the real economy. Further, continued declines in copper inventories too supported copper prices uptrend. Copper futures for July delivery rose 0.7% to settle at $3.189 a pound on the Comex metals division of New York Mercantile Exchange.