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.
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.