METALS-Copper drops 1.2 pct on U.S.-China trade war pressure
October 16, 2018 at 00:02 AM EDT
London copper prices slid more than 1 percent on Tuesday as the market faced its biggest one-day loss in more than a week with pressure from a trade war between the United States and the world's top industrial metals consumer China. Three-month copper on the London Metal Exchange was down 1.2 percent at $6,223 tonne, as of 0349 GMT. The most-traded copper contract on the Shanghai Futures Exchange drop