COMMODITY
Copper futures end lower on global growth concerns
Oct-17-2019

Copper futures ended lower on Wednesday on rising concerns about the health of the global economy after the International Monetary Fund (IMF) said the trade war between the United States and China will drag the global economy down with the gloomiest growth forecast for 2019 and 2020 since the financial crisis.

Copper futures for December delivery lost 0.9 percent to settle at $2.5895 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange closed down 0.7 percent at $5,730 a ton.

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