METALS-Copper advances on solid China data, vaccine optimism
By Reuters Staff 2 Min Read HANOI, Dec 16 (Reuters) - Copper prices rose on Wednesday as data showed a solid economic recovery in top consumer China, with sentiment also underpinned by optimism around the roll-out of COVID-19 vaccines. Three-month copper on the London Metal Exchange increased 0.5% to $7,818 a tonne by 0253 GMT, while the most-traded January copper contract on the Shanghai Futures Exchange climbed 0.7% to 57,960 yuan ($8,859.81) a tonne. China’s factory output grew at the fastest pace in 20 months in November on rising demand for its manufactured goods. Copper and most base ...
Source: reuters.com