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euters reported that copper sank to a new 18 month low on Tuesday as weak Chinese data cast a shadow over demand from the major copper consumer.
Reuters reported that copper sank to a new 18 month low on Tuesday as weak Chinese data cast a shadow over demand from the major copper consumer.
As quoted in the Reuters report:
Three-month copper on the London Metal Exchange (LME) closed at $6,870 a tonne, down about 1 percent from a close of $6,935 a tonne on Monday. It earlier dropped to $6,762.25 a tonne, its lowest level since October 2011.
To view the whole Reuters report, click here.
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