Copper falls amid signs China to accept further growth stagnation

Source: Bloomberg
© Scanpix\AFP
Copper retreated in New York amid signals Chinese government will adopt a further weakening of economic expansion, adding to worries about a stagnation in the world's largest metal consumer country. The September copper contract decreased 0.5% to $3.162 per pound. Copper for settlement in three months dropped 0.5% to $6,967 per metric ton.

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