Copper Edges Lower as Investors Eye Trade - News Summed Up

Copper Edges Lower as Investors Eye Trade


Copper prices fell for the second straight session Thursday, with some investors still nervous about the impact of recent trade tensions on global growth. Copper for December delivery dropped 0.7% to $2.7170 a pound on the Comex division of the New York Mercantile Exchange. Prices are about 18% below their June four-year high, hurt by worries that a trade fight between the U.S. and China will weaken the Chinese economy and lower consumption of metals used in construction and manufacturing.


Source: Wall Street Journal August 30, 2018 13:18 UTC



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