LIVE FUTURES REPORT 12/04: Upbeat sentiment from Cesco gathering drives Comex price recovery

April 13, 2019 / www.metalbulletin.com / Article Link

The Comex copper price surged in the US morning session on Friday April 12 amid a falling dollar and upbeat sentiment from Cesco Copper Week in Santiago, Chile.

The copper price for May settlement on the Comex division of the New York Mercantile Exchange jumped 5.70 cents to $2.9440 per lb. The contract has been unable to set a solid price direction this week with prices rising and falling day by day. The annual Cesco copper meeting is a major event for the industry and indicates how the market will develop for the...

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