Copper Futures Jump On Strong Chinese Demand ...Middle East

OILPRICE - Economy
Copper Futures Jump On Strong Chinese Demand
source : OILPRICE ( Middle East ) () 16
Copper prices rose on Friday, tracking gains in the equities market buoyed by optimism over the global economic recovery on positive US labour data and its faster-than-anticipated covid-19 vaccination roll-out plans. Copper for delivery in May was up 2.11% by midday, with futures touching $4.06 per pound ($8,932 a tonne) on the Comex market in New York. Equities markets rose as the United States completed its 100 million covid-19 vaccine shots 42 days ahead of schedule and posted a drop in unemployment benefits claims. “Dow futures have rallied…

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