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Copper Reaches Four-Year Low in London on China Slowdown

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Copper fell to a four-year low in London after declines for industrial profits raised concern that a slowing economy will cut metals demand in China, the world’s top consumer.

China’s industrial profits fell the most in more than two years last month, according to National Bureau of Statistics data published last week. A private report scheduled for later this week is expected to show manufacturing in the country contracted. The London Metal Exchange resumed trading today after a two-day holiday.