COMMODITY
Copper futures end higher on China’s growth data
Apr-18-2019

Copper futures ended higher on Wednesday as firmer-than-expected economic growth figures from China boosted expectations for higher demand in the world's top metals consumer. Reports showing China's economy grew at a 6.4 percent pace in the first quarter from a year earlier, defying expectations for a further slowdown, as industrial production jumped sharply and consumer demand showed signs of improvement.

Copper futures for May delivery gained $0.037 to settle at $2.9675 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange ended up 0.9 percent at $6,556 a tonne.

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