(Mining.com) The copper price hit an 18-month high on an intraday basis last week as global manufacturing activity continues to pick up and hopes about US president-elect Trump’s $500 billion infrastructure plans lift sentiment.
In Asian trade on Monday copper for delivery in March, the most active contract, jumped 1% to exchange hands for $2.6515 per pound ($5,845 a tonne) on the Comex market in New York.