Copper firms on Chinese export data and weaker US dollar

From zawya.com

Copper prices rose in London on Thursday, halting a three-session run of declines, helped by strong Chinese export data and a weaker dollar, though other factors capped gains. Three-month copper on the London Metal Exchange (LME) edged up by 0.3% to $8,311 a metric ton by 1118 GMT. Copper, used in power and construction, is down 0.7% this year owing to a patchy post-pandemic recovery of top metals consumer China, concern over economic growth elsewhere and high interest rates. China's November exports grew for the first time in six months, data showed on Thursday. "That is giving the market confidence that the ... (full story)