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Copper Futures Near 10-Year High on Growing Optimism for China’s Economy

2021年02月19日 20:02 来源于 财新网
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Two-day rally comes as the outlook improves for real estate and power industries as world’s largest consumer of the industrial metal returned to work after a weeklong holiday
A worker processes a copper belt in February 2020 in Wenzhou, East China’s Zhejiang province. Photo: VCG

Benchmark copper futures in China, the world’s largest consumer of the metal, rose to their highest level in almost a decade on Friday, tracking gains in London prices, and on gathering confidence in a domestic recovery as industries like real estate and power generation equipment-makers returned to work after the Lunar New Year holiday.

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