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16-Mar2019

Copper futures end higher on Friday

Copper futures ended higher on Friday, after Chinese Premier Li Keqiang vowed to use government levers to underpin growth. Premier Li Keqiang promised broad policy steps to prevent a sharper slowdown for the world's second-biggest economy, the biggest consumer of base metals.

Copper futures for May delivery rose 0.5 percent to settle at $2.906 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange closed up 0.42 percent at $6,431 a tonne.


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