Copper futures rose on Monday due to shortfall of metal availability in the world’s top consumer China. Further, trade data from China last week too supported the copper prices uptrend.
Copper futures for July delivery rose 1.01% to $3.114 a pound on the Comex metals division of New York Mercantile Exchange. While, copper on the London Metal Exchange climbed up 0.7% to $6794 a metric ton.
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Monday 12 May 2014
Copper futures climb on Monday
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