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Chinese PMI Dents Copper, Grasberg Shutdown Limits Losses
May. 23, 2013 05:05AM PST
Base Metals Investing Reuters reported that copper was delivered a blow from poor Chinese PMI data, raising concern about demand.
Reuters reported that copper was delivered a blow from poor Chinese PMI data, raising concern about demand.
As quoted in the market report:
Metals spiralled lower after a survey of Chinese purchasing managers (PMI) in the world’s biggest consumer of industrial metals after showed factory activity shrank for the first time in seven months in May.
