China data to trigger a raise in the copper price

Strong economic data and increased demand are driving up copper prices in China after they slumped by nearly 10 percent earlier this year.

The commodity came under pressure after it appeared that the United States President Donald Trump had put his $1 trillion infrastructure plans on the back burner until 2018.

But improved economic forecasts for China saw the copper price on Monday jump to 42,769 yuan ($6,365) per metric ton from the lowest point of 37,606 yuan in May.