Copper Declines a 2nd Day on Stockpile Increase

Bloomberg reports that Copper declined for the second straight day in New York.

The market news is quoted as saying:

China, the world’s largest metal consumer, may raise interest rates as many as six times by the end of next year, according to Mizuho Research Institute Ltd. Copper has surged 43 percent since July 1, partly as demand from emerging markets reduced global inventories.

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