Commodity Capsule: Industrial Metals Creep Lower post Weak trade data
Zee Business Video Team | Updated: August 8, 2023 02:03 PM IST
Prices of copper drifted lower on Tuesday amid weak trade data in China and firm dollar. In the first seven months of 2023, China's copper imports fell 20.7% to 3.3 million metric tons, compared with a year-earlier, the customs data showed. China's manufacturing activity contracted for 4th consecutive month in July. Markets are now focused on US and China inflation data this week.
