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Copper slips at LME amid global growth concerns-2019 China(Guangzhou)Int’l Non-Ferrous Metal（Copper）Exhibition
12/18/2018 有色金属展-Copper exhibition -non-ferrous metals expo |
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Reuters reported that copper and most other base metals slipped on Monday on worries that weaker global growth will curb demand, but many investors were on the sidelines ahead of key economic meetings in China and the United States. Three-month copper on the London Metal Exchange, down about 15% this year, fell 0.1% to close at USD 6,123 a tonne
Mr Robin Bhar, head of metals research at Societe Generale in London, said “We’re seeing losses because some of the growth numbers have been pretty weak, particularly out of Europe last week. There’s also no sign of any China stimulus and US growth seems to have peaked. With the numbers last week being pretty poor, maybe the government will do a bit more stimulus than the market’s expecting, so that might be a positive for metals.” 有色金属展-铜材展-2019年广州国际有色金属工业（铜业）展览会 -2019 China(Guangzhou)Int’l Non-Ferrous Metal（Copper）Exhibition -Non-Ferrous Metal exhibition, 2019
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