Copper rises in early Asia ahead of China-U.S. summit
Copper is higher in early Asia as sentiment improves ahead of the China-U.S. leaders’ meeting, with China refined inventories hitting a fresh year low and spot availability tight, Baocheng Futures analysts said.
Copper is higher in early Asia trading as sentiment improves ahead of the coming meeting between the Chinese and U.S. leaders, Baocheng Futures analysts say in a note. Refined copper inventories in China have fallen to a fresh low for the year, while spot supply remains tight, the note says.