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Copper: News

Copper prices increased due to a weaker dollar and encouraging industrial production data from China.

Copper: News – Copper prices firmed on Friday, taking support from a weaker dollar and some positive cues from top importer China.

Copper futures expiring in March rose 0.3% to $3.8857 a pound, and were set for mild gains this week.

Chinese data showed industrial production grew more than expected in November, indicating that some aspects of the economy were recovering. But readings on retail sales and fixed asset investment missed expectations.

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