METALS-Shanghai copper slips for second day as U.S.-China tensions simmer
May 25, 2020 at 03:51 AM EDT
Shanghai copper prices fell for a second day on Monday, as investors focused on tensions between the United States and top metals consumer China, whose annual parliament meeting continues this week, and as supply constraints eased. While copper stocks in Shanghai Futures Exchange warehouses dropped at the fastest rate in nearly eight months last week, China's copper consumption is weakening as a backlog of factory orders clears