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Copper falls on stronger US dollar, muted demand from China
Copper prices fell on Tuesday, under pressure from a stronger dollar and signs of muted demand from the world’s biggest metals consumer China, although a decline in available stocks on the London Metal Exchange curbed losses. The benchmark three-month copper future on the LME lost 0.4% to $10,651.50 a metric ton by 1001 GMT. Traders were looking for further updates on U.S.-China trade talks in the run-up to a planned high-stakes meeting next week between leaders of the world’s top two economies in South Korea. However, data showing China’s economic growth slowed to a one-year low in the third quarter weighed on ... (full story)
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