COMMODITY
Copper futures end lower despite China reports better-than-expected economic growth
Apr-17-2019

Copper futures ended lower on Tuesday, despite China reported better-than-expected economic growth, fuelling hopes of a recovery in its economy amid concerns of a global growth slowdown. Reports showing China's economy grew 6.4 percent in the first quarter from a year earlier, above expectations, helped by sharply higher factory production.

Copper futures for May delivery fell $0.0045 to settle at $2.9305 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange ended up 0.2 percent at $6,495 a tonne.

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