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Weekly Copper Review: Weak Chinese cues weigh on sentiments
03-May-2025 14:07
COMEX Copper futures fell this week as weak Chinese manufacturing sector weighed on sentiments. China's manufacturing purchasing managers' index fell to a 16-month low in April as the impact of tariffs started hitting producers. China's official April manufacturing PMI fell to 49.0 from 50.5, sliding in contraction territory. COMEX Copper tested around two week low following this but cut losses thereafter amid firm equities to approach around $4.70 per pound mark.

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