Copper Falls on Concern About Chinese Demand

Bloomberg reported that copper fell on Wednesday, pushed down by weak Chinese export data, raising concern about demand.

As quoted in the market report:

Macro sentiment remains shaky as nervous market participants look for more signs of gaining momentum in China’s economy, eventually driving seasonal demand for metals,” Andrey Kryuchenkov, an analyst at VTB Capital in London, said in a report today.

To view the whole Bloomberg report, click here.