Economics
Copper May Fall on Speculation of Slowing Demand, Survey Shows
This article is for subscribers only.
Copper may fall on speculation demand will slow as global economic growth falters, a survey showed.
Seven of 15 analysts, investors and traders surveyed by Bloomberg, or 47 percent, said prices will fall next week. Six predicted a rise and two forecast little change. Copper for three-month delivery was down 2.8 percent for this week at $8,943.50 a metric ton by 4:52 p.m. yesterday on the London Metal Exchange.