Copper Gains on China Import Data
NEW YORK (TheStreet) — Copper futures were getting a boost from improved Chinese March import data. Copper for May delivery was rising 0.3% to $4.3175 a pound. “On the metals side, the more detailed breakdown of Chinese March import data was encouraging in that there were broad-based rebounds noted in a number of import categories,” said MF Global analyst Ed Meir. However, the extent of the …
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