Copper price bulls take another beating.


The price of copper fell on Thursday amid worries about China's economic slowdown, vital to overall demand for the metal widely used in the manufacturing, construction, transportation and electricity sectors.

In afternoon trading in New York, copper for delivery in July was trading just off its low for the day of $2.61 a pound ($5,760 a tonne), down more than 4percent over the last week. The National Bureau of Statistics also outlined a drop in fixed investment from 4.8percent in September to 3.7percent last month. Adding to the bearishness of the...

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