TOKYO -- Speculators are ditching nonferrous metals, driving down prices for the vital industrial commodities as concerns about China's modest economic forecasts and the recent collapse of American banks cloud the global outlook.
Speculators spurn nonferrous metals, seeing little stimulus from Beijing
Port workers check a copper shipment bound for Asia, at Valparaiso port in Chile. © Reuters
TOKYO -- Speculators are ditching nonferrous metals, driving down prices for the vital industrial commodities as concerns about China's modest economic forecasts and the recent collapse of American banks cloud the global outlook.