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15-Mar2019

Copper futures end lower on weak Chinese data

Copper futures ended lower on Thursday after the latest batch of disappointing Chinese economic data. Industrial output in world's top metals consumer China fell to a 17-year low in the first two months of 2019. Other Chinese data showed a mixed picture as the jobless rate climbed but property investment strengthened.

Copper futures for May delivery fell 1.5 percent to settle at $2.8915 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange closed 1.1 percent lower at $6,404 a tonne.


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