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Copper recovers some lost ground but demand concerns weigh

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

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    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.

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