LIVE FUTURES REPORT 01/04: Positive Chinese data supports Comex copper price at start of the month

The US copper price built on Friday's momentum with the base metals complex receiving a boost from strong Chinese manufacturing data on Monday April 1.

The copper price for May settlement on the Comex division of the New York Mercantile Exchange rose by 1.25 cents to $2.9520 per lb. Overnight, the Chinese official manufacturing purchasing managers’ index (PMI) rose to 50.5 in March, beating the expected 49.6 and up from 49.2 in February. A...

Published

Dalton Barker

April 01, 2019

16:01 GMT

Chicago