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Copper futures trade marginally higher on Monday

06 Feb 2023 Evaluate
Copper futures traded marginally higher on Monday as China demand recovery optimism supported copper prices’ uptrend. Meanwhile, investors are awaiting US Fed Chair Jerome Powell’s speech at the Economic Club of Washington D.C. on Tuesday. 

Copper futures for March delivery gained 0.16% or $0.0065 at $4.0630 a pound on the Comex metals division of New York Mercantile Exchange.