(Bloomberg) -- Copper fell in London to a two-week
low on signs that demand in the U.S. remains sluggish and that
China, the world's biggest consumer, may raise interest rates.
Aluminum and nickel also dropped.
New home purchases in the U.S., the second-biggest user of
the metal, fell in May, signaling demand is still weak in the
second year of a housing slump. Builders are the biggest users
of the metal.
Read more at Bloomberg Commodities News
low on signs that demand in the U.S. remains sluggish and that
China, the world's biggest consumer, may raise interest rates.
Aluminum and nickel also dropped.
New home purchases in the U.S., the second-biggest user of
the metal, fell in May, signaling demand is still weak in the
second year of a housing slump. Builders are the biggest users
of the metal.
Read more at Bloomberg Commodities News
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