Copper extends decline further below $3.6 levels, its lowest levels since February 2021. Record inflation across the globe are reinforcing fears of further central bank tightening that could push world economy into slowdown and hit demand for metals. US manufacturing activity fell to its lowest level in two years in the month of June to 53.0 from 56.1 in May and construction spending edged down by 0.1 percent to an annual rate of $1.780 trillion in May. COMEX copper is struggling near 17-month lows at $3.59 per pound. Powered by Commodity Insights
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