Copper Futures Decline Most in a Week on China Demand Concern
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Copper declined the most in a week on concern that demand is slowing in China, the world’s biggest consumer of industrial metals.
A private manufacturing Purchasing Managers’ Index due Friday is forecast to show factory activity contracted for a second month in China. Seventeen of the 22 raw materials tracked by the Bloomberg Commodity Index fell Thursday as the dollar’s gain against the euro curbed the appeal of alternative investments.