(Bloomberg) -- Copper futures rose in New York after sales at U.S. wholesalers increased at the fastest pace in 18 months, signaling demand may climb in the world's second-largest consumer of the metal.
The 1.8 percent increase in March reflected rising demand for durable goods and suggests companies are making progress in limiting stockpiles built up last year, the U.S. Commerce Department said today. Copper, used in wires and pipes, has gained 30 percent this year during a global expansion.
Read more at Bloomberg Commodities News
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