Copper Advances for Second Day on Optimism Demand Will Increase
This article is for subscribers only.
Copper climbed for a second day on optimism that demand will rise with manufacturing gains in China and the U.S., the world’s biggest users of industrial metals.
The metal for three-month delivery climbed as much as 0.7 percent to $8,103 a metric ton on the London Metal Exchange and was at $8,102.25 at 4:21 p.m. in Tokyo. Futures for delivery in May advanced 0.4 percent to close at 58,850 yuan ($9,454) a ton on the Shanghai Futures Exchange.