Home » Market News » DirectorsTalk Highlights » Copper hits eight-month high
Metal Tiger Plc

Copper hits eight-month high

Copper prices overnight hit their highest point since May as traders awaited the signing of a US-China Phase 1 trade deal and Chinese data that will show whether a pick-up in economic activity has been maintained.

China is the largest consumer of metals, but the trade dispute with Washington contributed to a slowing of its economy in 2019, pushing down industrial metals prices.

Factory output in China began to contract last year but returned to expansion in November and December.

Metal Tiger Plc (LON:MTR) is a London Stock Exchange AIM-listed investing company primarily focused on undervalued natural resource opportunities.

To read the full news article please click here

Receive our exclusive interviews – Enter your email to stay up to date.

Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.