Commodity Market Tips: Copper Futures End Higher On Upbeat Chinese Economic Data

Copper futures ended higher on Monday, marked a more than three-year high as upbeat Chinese economic data lifted demand prospects for the industrial metal. Data showed China's producer prices beat market expectations, rising 6.9 percent in September from a year earlier. Last week, data showed that the country’s imports rose 18.7 percent in September from a year earlier.

Copper futures for December delivery rose 3.4 percent to settle at $3.239 a pound on the Comex metals division of New York Mercantile Exchange. While, copper on the London Metal Exchange ended up 3.7 percent at $7,134.50 a metric ton.

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