MB:Copper charges higher in LME pre-market as China buys rally
Copper continued to rally in pre-market trading on the London Metal Exchange on Friday, extending gains seen during a flurry of buying in kerb trading yesterday
Copper continued to rally in pre-market trading on the London Metal Exchange on Friday, extending gains seen during a flurry of buying in kerb trading yesterday. Three-month copper traded at $9,780 per tonne at 09:38 BST, up from an opening price of $9,730 per tonne. Support for the red metal continued during Asian trading hours amid stronger risk appetite in the region. Better-than-expected US employment and manufacturing data supported commodities on the macro side, reinforcing a general shift...
