Copper falls 3.6 per cent
COPPER sees its biggest one-day loss since July, dropping 3.6 per cent amid concern over demand from a slowing China and a stronger US dollar.
FUNDS have raided copper again, pushing prices to three-week lows in the market's biggest single-day loss in more than two months on persistent worries about demand from top consumer China and a stronger US dollar.
BENCHMARK copper on the London Metal Exchange closed down 3.6 per cent at $US5,080 a tonne, its biggest one-day loss since July 7, when funds were again behind the fall.