Copper drops on weak Euro zone's data

GMT 18:24 2015 Sunday ,04 January

Arab Today, arab today Copper drops on weak Euro zone's data

London - XINHUA

 Copper futures price on the London Metal Exchange (LME) closed lower on Friday, as manufacturing data of euro-zone dampening its economic outlook.
The euro-zone's final manufacturing purchasing managers' index (PMI), a gauge of the industry activities, was 50.6 in December 2014, revised down from its flash value of 50.8, said the London-based Markit Economics.
The three-month unofficial copper price dropped by 57.5 U.S. dollars, or 0.9 percent, to 6,242 U.S. dollars per tonne.
The three-month unofficial aluminium price lost by 12 U.S. dollars, or 0.7 percent, to 1,841 U.S. dollars a tonne.

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