LIVE FUTURES REPORT 14/03: Chinese data weighs on copper

The United States copper market failed to hold onto previous gains during morning trading on Thursday March 14, with weaker-than-expected Chinese data capping the base metals space.

The copper price for May settlement on the Comex division of the New York Mercantile Exchange dipped 4.30 cents to $2.8925 per lb.  Data released by China’s National Bureau of Statistics (NBS) at around 10am Shanghai time on March 14 showed the country’s economy had slowed further in the first two months of 2019 after the growth in industrial production fell to 5.3% in January-February, down from...

Published

Dalton Barker

March 14, 2019

15:45 GMT

Chicago