COMEX February 13 Copper Summary

NEW YORK, Feb. 13 – COMEX copper rose Wednesday as prospects for Sino-US trade negotiations were optimistic.

PVA 1799 (PVA BF17)

The most active COMEX copper contract for March rose $0.0010 to $2.7730 per pound.

U.S. Treasury Secretary Nuchin said Wednesday that trade talks with China are progressing smoothly. Two of the world’s largest economies are now trying to reach an agreement to settle trade disputes.

The long-standing Sino-US trade dispute is expected to be resolved, helping global stock markets rally for a week on Wednesday.

PVA 1788 (PVA BP17)