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Copper futures trade higher on stimulus hopes from China

03 Jul 2023 Evaluate
Copper futures traded higher on Monday as contraction of China's factory activity stoked expectations of fresh stimulus measures in the world’s top metals consumer. However, increased supplies and demand worries limited further gains in copper prices.

Copper futures for September delivery gained 0.97% or $0.0365 at $3.7960 a pound on the Comex metals division of New York Mercantile Exchange.