Economics
Industrial Metals Gain as China Manufacturing Shows Recovery
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Copper advanced for a second day after a survey from HSBC Holdings Plc and Markit Economics showed China’s manufacturing expanding at faster pace this month. Aluminum, zinc and lead also advanced.
Copper for delivery in three months rose as much as 1.7 percent to $7,750 a metric ton on the London Metal Exchange and traded at $7,666 by 4:30 p.m. in Tokyo. The May contract on the Comex in New York climbed 0.6 percent to $3.467 per pound.