
LME copper hits near 4-month high on IMF hopes
London copper hit a four month high on Thursday after news that the International Monetary Fund was seeking to raise funds to tackle the euro zone debt crisis tempered worries over European funding troubles and boosted risk appetite.
LME copper hit USD 8,322 a tonne, its highest since mid September before trading at USD 8,309 by 0102 GMT, up from a close of USD 8,235 a tonne on Wednesday.
(Sourced from Reuters)










