Copper Price Up on China Demand Hopes

  • Tuesday, August 27, 2013
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  • Keywords:Copper Price demand in China
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[Ferro-Alloys.com] Copper prices on the London Metal Exchange rose in Asian morning trading on Tuesday August 27 as sentiment improved on indications that demand in China is improving.
 
At 03:13 London time, the LME three-month copper was up $30.75 from its opening price at $7,342.5 per tonne. “Recent China economy data has been good as investments in railway and fixed assets are rising,” Xu Yongqi, an analyst at Guotai Junan Futures in Shanghai, said
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