(Bloomberg) -- Copper rose for a third consecutive
day in London after industrial production unexpectedly
accelerated in China, the world's largest user of the metal, and
on speculation mine strikes in Chile will disrupt supplies.
Nickel, aluminum and zinc also advanced.
China's output increased 18.1 percent in May from a year
earlier, the National Bureau of Statistics said today, after
gaining 17.4 percent in April. That beat the 17 percent median
estimate of 19 economists surveyed by Bloomberg News. Contract
workers at Chile's Codelco, the world's largest copper producer,
plan to strike from June 20, a labor leader said yesterday.
Read more at Bloomberg Commodities News
day in London after industrial production unexpectedly
accelerated in China, the world's largest user of the metal, and
on speculation mine strikes in Chile will disrupt supplies.
Nickel, aluminum and zinc also advanced.
China's output increased 18.1 percent in May from a year
earlier, the National Bureau of Statistics said today, after
gaining 17.4 percent in April. That beat the 17 percent median
estimate of 19 economists surveyed by Bloomberg News. Contract
workers at Chile's Codelco, the world's largest copper producer,
plan to strike from June 20, a labor leader said yesterday.
Read more at Bloomberg Commodities News
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