LIVE FUTURES REPORT 28/02: Comex copper price suffers from weak Chinese data

The Comex copper price was lower in the US morning on Thursday February 28 after soft Chinese manufacturing data dampened sentiment for the metal.

The copper price for March settlement on the Comex division of the New York Mercantile Exchange inched down 0.45 cents to $2.9580 per lb. Overnight, China’s manufacturing and non-manufacturing PMIs for February both disappointed at 49.2 and 54.3 respectively. Yet, Fastmarkets MB analysts expect the Chinese economy to...

Published

Dalton Barker

February 28, 2019

16:00 GMT

Chicago