Commodity Blog |
| Copper Gains on China’s Manufacturing Posted: 14 Dec 2012 02:12 PM PST Copper rallied in London today after the data showed that China’s manufacturing expanded with faster pace this month. The manufacturing Purchasing Managers’ Index rose from 50.5 in November to 50.9 in December, according to the preliminary reading. Markets have expected the increase to be a little smaller. China is the biggest buyer of copper in the world, making its economic performance very important for the metal. Copper, as well as other metals, remains under [...] |
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