Copper Pulls Back to Three-Week Low Ahead of Weak Chinese Data
Jul. 30, 2013 06:39AM PST
Base Metals Investing Reuters reported that copper dropped nearly 2 percent on Tuesday in London, as anticipation of poor manufacturing data from China dampened the metal’s prospects.
Reuters reported that copper dropped nearly 2 percent on Tuesday in London, as anticipation of poor manufacturing data from China dampened the metal’s prospects.
As quoted in the market report:
Investor sentiment turned negative on expectations that activity in China’s vast manufacturing sector may have contracted in July for the first time in 10 months, a Reuters poll showed.