Copper falls on weaker manufacturing

Copper slumped for a third day in London after manufacturing was weaker than estimated in China and the euro zone, reinforcing concern demand is fading as inventories of the metal swell.

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Published: Wed 24 Apr 2013, 10:06 PM

Last updated: Sat 4 Apr 2015, 7:50 AM

Copper for delivery in three months slid 1.6 per cent to $6,827 a metric tonne by 10:48 am. on the LME. Prices reached $6,762.25, the lowest since October 2011. Copper for delivery in July fell 1.4 per cent to $3.10 a pound on the Comex in New York.

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