COMMODITY
Copper futures end tad higher on strong China trade data
Feb-15-2019

Copper futures ended marginally higher on Thursday after better-than-expected China trade data, while investors awaited the outcome of high-level Sino-US trade talks in Beijing. Unwrought copper imports into China, the world's top copper consumer, rose 12% from December to 479,000 tonnes in January, their highest level since September. Imports of copper concentrate also rose to 1.895 million tonnes, the second-highest monthly total on record.

Copper futures for March delivery added less than 0.1 percent to settle at $2.7740 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange ended up 0.2 percent at $6,137 a tonne.

  RELATED NEWS >>