Copper sinks to 3-week low on profit-taking, demand angst
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brecorder
2 months ago

Copper sinks to 3-week low on profit-taking, demand angst

LONDON: Copper prices fell to three-week lows on Wednesday on profit-taking, rising stocks in London Metal Exchange warehouses, nervousness about demand in China and a higher dollar. Benchmark copper ended down 1.9 percent at $6,543 a tonne from an earlier low at $6,529. Prices are up around 18 percent so far this year, partly due

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