SUBSCRIBERS

Copper recovers some lost ground but demand concerns weigh

Published Sun, Feb 26, 2017 · 09:50 PM

London

COPPER clawed back some of the previous session's hefty losses on Friday as supply disruptions in Chile and Indonesia lent support, but still posted a second straight weekly drop as concerns over the demand outlook weighed.

The metal used in construction fell 3 per cent on Thursday, its biggest one-day drop in 17 months, as traders flagged persistent worries over Chinese consumption.

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Companies & Markets

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here