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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.

Original URL: https://www.news.com.au/finance/business/copper-falls-36-per-cent/news-story/5b486a299bc818ec2a5c232075711d1f