14.11.2016 - Copper hammers above $6,000 on Trump, China
Base metal prices soared this week, with copper forging above $6,000 per tonne as Donald Trump's election victory sparked hopes of booming demand to meet the president-elect's pledge on infrastructure spending. Industrial metals also scored multi-year and multi-month peaks on hopes of resurgent demand from top global consumer China. Copper, used in plumbing, heating, electrical and telecommunications wiring, peaked Friday at $6,025.50 -- the highest price for almost one and a half years...........................................Full Article: Source
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