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Copper Rises as Investors Bet on Growing Chinese Demand

Posted on 23 November 2016

Copper futures resumed their climb on Tuesday, supported by predictions of greater demand from China and higher oil prices. Copper for December delivery was recently up 1% at $2.5390 a pound on the Comex division of the New York Mercantile Exchange.
Dee Perera, an analyst at brokerage firm Marex Spectron, said the copper market was buoyed on Tuesday by improved sentiment at a key industry conference in Shanghai………………………………………Full Article: Source


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