Mexican Copper Output Hits Two-Year Low

Reuters reported that Mexican copper output experienced its sharpest one-month drop in two years in October, falling 4.7 percent year-over-year due to waning global demand.

As quoted in the market report:

The fall in copper was caused by lower prices and slowing demand from major copper consumers like China, said Gonzalo Fernandez, an analyst with Grupo Santander in Mexico City.

To view the whole Reuters report, click here.