Copper declines as Chinese services sector stays unchanged

Note: This section contains information in English only.
Source: WBP Online
© Scanpix/Reuters
Price of copper dropped after a release of a report showing that non-manufacturing PMI remained the same in July, signaling stagnancy in the biggest metal-consumer nation in the world. The metal declined 0.43% as of $3.159 per pound at 11:40 a.m. EDT. The service sector gauge was 51.3 in the last month, the same as in June. Readings above 50 indicates expansion.
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