- 03-01-2023 02:58
LME Copper Starts 2018 firmer owning to strong China Demand
SYDNEY (Reuters) - London copper was pushed higher on Tuesday on bets that demand in top consumer China will improve in 2018, keeping prices near four-year highs at the start of trading in the new year.
China is the world’s largest consumer of industrial metals and accounts for nearly half of global copper demand. The metal has been supported by Beijing’s attack on polluting industries, supply reforms and robust demand growth.
