Shanghai Copper rise on G7 optimism
Metal Recycling News | 2012-06-06 09:44:09 | By Paul Ploumis
Shanghai Futures Exchange copper prices advanced on Wednesday after market sentiment lifted in the wake of Tuesday's G7 talks.
SHANGHAI (Scrap Monster): Shanghai Futures Exchange copper prices advanced on Wednesday after market sentiment lifted in the wake of Tuesday's G7 talks.
Shanghai Futures Exchange September copper settled at 53,680 yuan ($8,453) per tonne, advanced 210 yuan from the previous trading day.
'The overnight G7 talks soothed some nerves, quietening down some of the bears,' said Capital Futures analyst.