Copper depreciates on China concerns

13.12.2022

Copper prices slipped on Monday, weighed down by persistent worries about the economy in top metals consumer China as the market grapples with COVID-19 and uncertainty over U.S. interest rate hikes.

Three-month copper on the London Metal Exchange CMCU3 shed 1.2% to $8,451 a tonne by 1045 GMT after touching the...