Copper futures settle marginally higher on Friday
Copper futures settled marginally higher on Friday as signs of improved demand in top consumer China countered the typical slowdown in market activity during the Labor Day 'Golden Week' holiday. Meanwhile, global supply concerns fuelled by geopolitical tensions in West Asia also supported higher prices.
Copper futures for July delivery rose $0.004 to settle at $5.9845 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was up by 0.07% at $12,996.50 a ton.
