Global Growth Angst Pushes Copper to More Than 4 Month Low

COPPER - LONDON. Copper prices tumbled to 4-1/2 month lows on Monday as a deteriorating demand outlook in China and the United States, the world's two largest economies, triggered a selloff of the metal used in power and construction.

Signs of stalled industrial activity in top consumer China has weighed on copper prices on the London Metal Exchange (LME) for the past few months. Prices have dropped 20% since hitting record highs above $11,100 in May.