Stronger China Pushes Industrial Metals Into Bull Market
Copper advanced as industrial metals held gains that have pushed them into a bull market amid signs of stabilization in China’s economy. The metal used in pipes and wires rose as much as 0.3 percent on the London Metal Exchange to $4,880 a metric ton, and was at $4,871 a ton at 2:45 p.m. in Singapore. Tin advanced as much as 0.6 percent to extend its best quarterly performance since 2013. Lead also gained while zinc declined and aluminium was flat. Investec Bank Head of Global Natural Resources Jeremy Wrathall discusses the outlook for commodities with "On the Move" hosts Guy Johnson in London and Caroline Hyde in Berlin.
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