Copper Rises Most in Six Weeks on Record China December Imports
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Copper futures posted the biggest gain in almost six weeks as imports climbed to a record in China, the world’s biggest user of industrial metals.
Imports of unwrought copper and products gained 13 percent in December to 508,942 metric tons, the seventh straight gain, China’s customs figures showed today. Equities rallied on speculation that officials may loosen monetary policy in an effort to spur economic growth.