China demand slump pulls non-ferrous base metals down

10.07.2024

London copper prices eased on Monday amid lacklustre physical consumption in top consumer China, but prospects of U.S. interest rate cut and China's demand recovery limited further decline.

Three-month copper on the London Metal Exchange eased 0.2% to $9,925.50 per metric ton by 0415 GMT. On Friday, prices hit a three-week...