Commodity Blog |
| Copper Price Rises as Demand from China Expected to Grow Posted: 08 Feb 2013 01:55 PM PST Copper futures posted the biggest gain in a week in New York today as Chinese trade data improved prospects for the metal. According to the government data, China’s imports climbed 29 percent and exports rose 25 percent in January from a year ago. Sales of passenger vehicles surged 49 percent. Such data suggested that demand from China, the biggest copper consumer in the world, should increase. The macroeconomic data from the United State [...] |
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