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Copper prices slumped to their lowest in nearly two months on Wednesday after recent weak economic data reinforced demand fears while a looming central bankers conference focuses attention on interest rates.
BEIJING Benchmark iron ore futures in China extended losses for the third consecutive session, diving more than 7% and sending the price to its lowest since…
Three-month copper on the London Metal Exchange fell as much as 1.4% to $8,913.30 a tonne, its lowest since April 14, before rebounding to trade at $8,950 a tonne by 0702 GMT, still down 1%. The most-traded September copper contract on the Shanghai Futures Exchange ended down 3.1% at 66,790 yuan ($10,282.03) a tonne, its lowest close since June 22.