Copper prices declined on Friday, hit by demand concerns over growing numbers of coronavirus cases in top user China ahead of the traditionally slow Lunar New Year holiday season next month. Three-month copper on the London Metal Exchange fell 0.6% to $7,970 a tonne by 0706 GMT, while the most-traded March copper contract on the Shanghai Futures Exchange closed down 0.6% to 58,810 yuan ($9,088.24) a tonne. “Copper prices struggled to move higher, with investors concerned that the outbreak of the virus in China could see industrial activity constrained,” ANZ analysts said in a note. “The outbreak comes ahead of the ... (full story)