LME ASIAN WRAP: Copper advances on US optimism

London Metal Exchange copper advanced in the early Asian session on Friday, as better-than-expected economic news from the US encouraged market sentiment.

London Metal Exchange copper advanced in the early Asian session on Friday, as better-than-expected economic news from the US encouraged market sentiment. By 03:22 GMT, three-month copper was at $7,510 per tonne, up $30 from its open. "Today's market was helped by encouraging data from the US," a Shanghai analyst said, adding that a sharp reduction in Italy’s...

Published

Rena Gu

December 30, 2011

03:05 GMT

Shanghai