Copper prices hovered near two-year highs on Tuesday after strong manufacturing data in China, the biggest consumer, boosted confidence in the demand outlook.
A positive mood rippled through markets, lifting global equities, while the yuan jumped to its strongest in 16 months against the dollar, helping metals by making them cheaper for Chinese buyers.
Benchmark copper on the London Metal Exchange (LME) was down 0.2% at $6,783 a tonne at 0944 GMT but within striking distance of a 26-month high of $6,830 reached on Sept. 1.
Jubilee Metals Group (LON:JLP) is a global, diversified metal recovery company that operates world-class projects, ensuring a positive impact on the environment and its stakeholders.
