Copper Rises Most in a Week on China’s Trade, Auto Data
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Copper futures rose the most in a week as China’s trade expanded more than forecast, and car sales jumped to a record in the Asian nation, the world’s biggest consumer of industrial metals.
In January, exports from China surged 25 percent and imports climbed 29 percent from a year earlier, both topping projections by economists in Bloomberg surveys, government data showed today. Sales of passenger vehicles surged 49 percent, a state-backed trade group said.