Copper Prices Declined On Worries Over Lean Demand For The Ductile Metal

Copper trading range for the day is 427.5-439.9.

Copper prices declined on worries over lean demand for the ductile metal from top consumer China.

Investors were worried about the drop in demand for copper, often used as a gauge of economic health, amid a prolonged U.S.-China trade war.

The discount between the LME copper cash and three-month contract expanded to a two-week high at $18.75 a tonne, indicating ample nearby supply.

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