(Bloomberg) -- Copper rose to a two-month high in
New York on speculation that demand will remain strong in China,
the world's largest consumer of the metal.
China's economy expanded during the second quarter at the
fastest pace in 12 years, the statistics bureau said in Beijing
yesterday. Rising demand from China has helped spur a 28 percent
rally in copper this year as imports of the metal used in pipes
and wires surged to record levels.
Read more at Bloomberg Commodities News
New York on speculation that demand will remain strong in China,
the world's largest consumer of the metal.
China's economy expanded during the second quarter at the
fastest pace in 12 years, the statistics bureau said in Beijing
yesterday. Rising demand from China has helped spur a 28 percent
rally in copper this year as imports of the metal used in pipes
and wires surged to record levels.
Read more at Bloomberg Commodities News
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