Copper hits one-month peak on strong China factory data, weak dollar
1. Copper prices reached a one-month high due to strong China manufacturing data. 2. Three-month copper on LME recently peaked at $9,947 per metric ton. 3. LME copper has increased by 12% year-to-date from lows in April. 4. Dollar weakness supports commodities but US tariffs raise concerns for Asia. 5. China's factory activity expanded, suggesting increased final demand for commodities.