Copper Edges Down to Two-Week Low Amid Demand Uncertainty

Copper edged down to a two-week low in choppy trading, amid uncertainty over supply and demand in China and weakness in equity markets.

The metal headed for a third daily decline, with copper miners also under pressure as a risk-off mood took hold in broader equity markets. Copper had gained earlier Wednesday as the dollar weakened and smelters in China moved closer to cutting production in response to a collapse in processing fees.