METALS-Copper falls on weak China manufacturing data

Copper edged lower on Friday, after a private survey showed factory activity in top metals consumer China remained in contraction territory for a third straight month. The red metal is on course to end the week little changed as weak China data and fading hopes of a U.S.-China trade deal offset tight inventories. London Metal Exchange stocks are "surprisingly low," and would usually lead to "incredibly backwardated curves"

from Reuters: Company News https://ift.tt/2Sx9dze