(Bloomberg) -- Copper may fall in London on
speculation demand growth in China, the metal's largest user,
will slow after the nation bought more than it needed earlier
this year. Nickel headed for a third straight weekly drop.
Purchases of refined copper and alloy dropped to 121,383
metric tons last month, from 192,069 tons in April, according to
revised figures issued by the Beijing-based customs office
today. The drop, 5 percentage points more than preliminary data
reported on June 15, was the biggest since October.
Read more at Bloomberg Commodities News
speculation demand growth in China, the metal's largest user,
will slow after the nation bought more than it needed earlier
this year. Nickel headed for a third straight weekly drop.
Purchases of refined copper and alloy dropped to 121,383
metric tons last month, from 192,069 tons in April, according to
revised figures issued by the Beijing-based customs office
today. The drop, 5 percentage points more than preliminary data
reported on June 15, was the biggest since October.
Read more at Bloomberg Commodities News
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