MTECHTIPS
MTECHTIPS;-COPPER:
-Copper prices firmed on Tuesday, lifted as equities and the euro were buoyed by better-thanexpected corporate earnings from Citigroup Inc and by hopes for progress in battling
Europe’s debt crisis. Three-month copper on the London Metal Exchange had risen 0.6
percent to $8,142.50 per metric ton by 9.15 p.m. EDT, after falling 0.4 percent on Monday.
The most active January copper contract on the Shanghai Futures Exchange edged up 0.4
percent to 58,770 yuan ($9,400) per metric ton. Benign inflation in September showed China
has scope to ease policy even as evidence mounts that earlier pro-growth measures are
gaining traction, reducing the pressure on policymakers to act as a once-a-decade leadership
transition approaches.
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