Copper set for best month in 4 years due to robust China manufacturing data

London copper is on track for its best monthly gain in four years, as top consumer China posted upbeat manufacturing growth. Three-month copper on the London Metal Exchange (LME) rose 1.5% to $7,608 tonne, up 13.3% on a monthly basis. The most-traded January copper contract on the Shanghai Futures Exchange climbed as much as 2.8% to 57,180 yuan ($8,694.20) a tonne, a level unseen since December 2017.

Source: Reuters