Copper prices extend decline in early Asia on Thursday as worries about demand in top consumer China were reinforced by weak data from the countrys manufacturing and a firmer dollar overseas. The manufacturing sector in China fell into contraction territory in August, the latest survey from Caixin showed on Thursday with a manufacturing PMI score of 49.5. Thats down from 50.4 in July, and it moves beneath the boom-or-bust line of 50 that separates expansion from contraction. COMEX copper is currently quoting down half a percent at $3.49 per pound. Powered by Commodity Insights
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