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Copper Rises Further on Manufacturing Spending Hopes

Posted on 25 November 2016

Metal’s price hits 17-month high as U.S. durable goods data jumps 4.8%. Copper prices hit a 17-month high on Thursday morning in London as bullish expectations for manufacturing spending outweighed the dollar hitting multiyear highs.
The three-month London Metal Exchange copper contract was up 1.27% at $5,842 a metric ton in midmorning trade in Europe, the highest price since mid-June 2015………………………………….Full Article: Source


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