METALS-Copper slips on worries about inflation, weak China demand
(Adds Powell comments, updates prices) LONDON, July 14 (Reuters) - Copper prices lost ground in low volumes on Wednesday on tepid demand in top metals consumer China and uncertainty about rising inflation. Three-month copper on the London Metal Exchange had slipped 0.8% to $9,342 a tonne by 1600 GMT, the third straight day of losses. LME copper has been trending lower since touching a record peak of $10,747.50 a tonne in May, but is still up 21% so far this year. “Today the main focus of the market is on the Fed. We have low volumes because people are waiting for more guidance regading rate...
Source: reuters.com