LIVE FUTURES REPORT 15/01: Comex copper prices recover on Chinese stimulus news

January 16, 2019 / www.metalbulletin.com / Article Link

Comex copper prices bounced-back on Tuesday morning in the US amid news of another round of Chinese monetary stimulus arriving soon.

The copper price for March settlement on the Comex division of the New York Mercantile Exchange gained $1.75 cents to $2.6525 per lb. "We are seeing very quiet conditions across the markets today; base metals are mostly higher on account of news of fresh Chinese stimulus plans," INTL FCStone analyst Edward Meir said."However, Premier Li Keqiang...

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