Copper Falls for Third Time in Four Days on China Outlook
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Copper futures declined for the third time in four days on signs that demand may ebb this year in China, the world’s biggest consumer of industrial metals.
China is targeting a gain in exports of about 7.5 percent in 2014, three people with direct knowledge of the matter said, below last year’s increase of 7.9 percent. Passenger-vehicle sales in the country rose less than analysts estimated last month, adding to signs that the economy is slowing.