Copper slumped today after recent surge as profit selling hurt the metal. Prices also fell as markets eyed continued worries over China Covid situation. China reported violence and subsequent arrests in response to the countrys Covid pandemic measures. The violence came as the country reported 2,230 new cases on Tuesday. This pulled the red metal down from around two month top and the counter currently trades at $3.63 per pound, down 1.20% on the day. Powered by Commodity Insights
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