The rise in copper prices in November may be the most high in 4 years

Copper rises in price this morning - at 9:44 am the futures for March added 1.81%, reaching $ 3.47. The rise in prices for this metal in November could become the strongest in the last four years. The positive dynamics are facilitated by statistics from China, which is the world's leading copper importer. In November PMI index, which reflects the level of business activity in the industrial sphere of the country, exceeded analysts' expectations, reaching 52.1 points. The forecast value was 51.5. PMI in non-related industries production, also turned out to be higher than the forecast - 56.4 against 56. A PMI exceeding 50 points is a sign that business activity is growing. Copper closed last week with 1.31% growth on the London metal exchange. Recently, the players are in a good mood optimistic, boosted by news of successful trials vaccines against coronavirus. In connection with this news