Copper Drops to 6 Weeks Low

Copper fell to its lowest level in six weeks below $4 a pound, weighed by worries about demand from consuming China as well as supply disruptions after the Caixin survey showed that Chinese manufacturing activity in March expanded unexpectedly at the slowest pace in nearly a year.

Copper prices fell 2.2% in March, the first monthly decline in a single year but rose 14% since the start of the year.