MB:SHFE copper up 1% on US data, Asian equities rebound
Shanghai Futures Exchange copper rose on Wednesday for the first time in a week after unexpectedly good growth in the US services sector and a rebound in Asian stock markets
Shanghai Futures Exchange copper rose on Wednesday for the first time in a week after unexpectedly good growth in the US services sector and a rebound in Asian stock markets. SHFE November copper closed at 67,800 yuan ($10,643) per tonne, up 1.2% from Tuesday. Aluminum futures also gained 0.8% to 17,425 yuan per tonne after a week of falls. "Copper found solid support at 66,000 yuan," an analyst from Jintai Futures said. "Overnight US...