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23-Feb2019

Copper futures settle higher on trade talk optimism

Copper futures ended higher on Friday as investors monitored ongoing trade talks between the United States and China. Optimism over a trade deal has been rising as top US and Chinese trade negotiators haggle over the details of a set of agreements aimed at ending their trade war.

Copper futures for March delivery climbed 1.9 percent to settle at $2.9515 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange ended up 1.6 percent at $6,478 a tonne.


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