COMMODITY
Copper futures end higher on progress in trade deal
Dec-05-2019

Copper futures ended higher on Wednesday on signs of progress towards an initial Sino-US trade deal after reports showed the world’s top two economies are moving closer to agreeing on the amount of tariffs to be rolled back in a ‘phase one’ trade deal.

Copper futures for March delivery added 1.4 percent to settle at $2.659 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange ended up 1.2 percent at $5,886 a ton.

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