MB: Shanghai copper hits 10-month high ahead of US GDP data
Shanghai Futures Exchange (SHFE) copper, tracking the LME, surged to limits on Friday to its highest level since last October. The most active November copper contract ended at 45,170 yuan ($6,613) per tonne on Friday, up 2,030 yuan from a day earlier, while trading volume plunged 407,366 lots to 556,036 lots. "Yesterday's US employment figures were better than expected, which encouraged market confidence and led to higher LME prices. Of course, higher oil prices...
