Copper Hits More Than Three-Month Low as Demand and US Rates Weigh
LME benchmark copper fell 1.2% to $13,645 a metric ton by 1200 GMT Thursday, its lowest in more than three months.
By Pratima DesaiCopper prices dropped to their lowest in more than three months on Thursday as the market fretted about weak demand and expectations of US interest rate hikes that could bolster the dollar.Benchmark copper on the London Metal Exchange was down 1.2% at $13,645 a metric ton by 1200 GM…