05.02.2014 - Is copper's swoon a bad omen for China?
Copper prices marked their longest losing streak in 18 years this week, but while some say the slump is a bad sign for the metal's biggest importer China, others say it's no cause for alarm. The industrial metal's price, widely perceived as a bellwether for global market sentiment and often referred to as 'Dr. Copper,' fell to $3.184 per pound or $7,020 per ton Monday, its ninth consecutive decline, as softer manufacturing data out of China and the U.S. led investors to ditch the commodity amid supply concerns...............................................Full Article: Source
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