LIVE FUTURES REPORT 18/04: Comex copper price surges to one-month high in midweek trading

By Dalton Barker / April 18, 2018 / www.metalbulletin.com / Article Link

Comex copper jumped to a month high on Wednesday April 18 amid an increase in technical buying and after China eased its monetary policy.

Copper for May settlement on the Comex division of the New York Mercantile Exchange jumped 8.95 cents or 2.9% to $3.1680 per lb. Earlier, the contract touched $3.1785, the highest point since March 14. "The positive macro backdrop has provided the LME copper price the platform to edge higher, but the limited...

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