Copper Price Today: Red Metal Falls on China Slowdown Concerns

The Wall Street Journal reported that copper prices hit a six year low on Tuesday. Driving that fall were additional concerns over demand from China.
As quoted in the publication:

China’s consumer-price index, a measure of inflation, rose 1.3% in October from a year earlier, less than the 1.4% gain economists predicted and a slowdown from September’s 1.6% increase. The lack of price pressure suggests that demand and overall economic activity continue to lose steam in the world’s no. 2 economy.

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