KONTAN.CO.ID - BEIJING. Copper rose on Wednesday amid bullish demand outlook raised by positive manufacturing data from major economies, while supply worries also aided prices. Three-month copper on the London Metal Exchange was up 0.3% to $9,018.50 per metric ton by 0142 GMT. The most-traded May copper contract on the Shanghai Futures Exchange climbed 0.5% to 73,490 yuan ($10,159.53) per ton, up for a fifth session in a row.
Copper Trends Higher on Bullish Demand Outlook
KONTAN.CO.ID - BEIJING. Copper rose on Wednesday amid bullish demand outlook raised by positive manufacturing data from major economies, while supply worries also aided prices. Three-month copper on the London Metal Exchange was up 0.3% to $9,018.50 per metric ton by 0142 GMT. The most-traded May copper contract on the Shanghai Futures Exchange climbed 0.5% to 73,490 yuan ($10,159.53) per ton, up for a fifth session in a row.