In the commodity sector, industrial metals remained under pressure, weighed down by disappointing imports growth in China. LME’s copper contract for 3 months’ delivery fell -1.77% while the corresponding aluminum contract was down -1.26% for the day. The benchmark 62% content iron ore contract fell to a 7-month low of US$60.5/tonne at close.
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Industrial Metals Remained Pressured on Soft Chinese Import Growth
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