Copper Rises to Three-Week High on China, Germany Data

Copper futures rose to a three-week high as China’s exports increased more than forecast and Germany’s industrial output climbed unexpectedly, bolstering prospects for metal demand.

Shipments from China, the world’s biggest copper user, advanced 14.7 percent last month from a year earlier, topping the 9.2 percent forecast in a Bloomberg survey of economists, government data showed today. German production rose 1.2 percent in March after analysts projected a 0.1 percent decline.