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16-Jan2019

Copper futures end almost flat on Tuesday

Copper futures ended almost flat on Tuesday as the world's top metal consumer China signaled further stimulus measures to support economic growth and demand while US President Donald Trump raised hopes of reaching a trade deal with Beijing. The National Development and Reform Commission said it aims to achieve 'a good start' in the first quarter, indicating the government is ready to provide further economic stimulus.

Copper futures for March delivery ended little changed at $2.635 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange ended up 0.4 percent at $5,920 a tonne.


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