Copper futures are much lower on the London Metal Exchange, trading down 1.7% at $5,365/ton, on growing worries about China’s economic health and what it means for demand. Stocks in China have performed weakly and base metals are following them lower, says Marex Spectron. Looking ahead, the red metal may have further down to go. “The commodities market is full of bearish mood. Risk might be on the downside although price levels are already pretty low,” says Richard Fu, head of Asian commodities trading at Newedge. (ese.erheriene@wsj.com; Twitter: @Ese_Journo)
For full article: http://www.metalprices.com/news/article/DN/20150722008298/dj-copper-dips-on-china-worries–market-talk
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