Copper continues to stay under pressure as growing China covid concerns coupled with persistent economic slowdown worries continue to stir demand worries. The red metal is lingering near $3.2 per pound, down more than 1% on the day. As per media reports, Chinas financial hub, Shanghai, has widened mass testing in 12 of the citys 16 districts that are home to around 20 million people. The growing outbreaks have induced authorities to impose fresh restrictions and lockdowns in recent days. Powered by Commodity Insights
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