(Bloomberg) -- Copper futures fell in New York,
halting a three-session rally, on speculation that demand from
the manufacturing sector will ease.
Orders placed with U.S. factories rose less than half the
rate economists had estimated, the Commerce Department said
yesterday. Copper used in electronics and industrial machinery
accounts for about one-third of consumption. The metal gained
5 percent in the previous three sessions as global inventories
dwindled.
Read more at Bloomberg Commodities News
halting a three-session rally, on speculation that demand from
the manufacturing sector will ease.
Orders placed with U.S. factories rose less than half the
rate economists had estimated, the Commerce Department said
yesterday. Copper used in electronics and industrial machinery
accounts for about one-third of consumption. The metal gained
5 percent in the previous three sessions as global inventories
dwindled.
Read more at Bloomberg Commodities News
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