Growth fears knock copper prices despite falling inventories

Copper prices fell on Wednesday as investors worried about the strength of economic growth and metals demand and braced for US inflation data that could impact interest rates.

However, losses were limited by supply concerns as inventories in London Metal Exchange (LME) warehouses plunged to 56 800 t, the lowest since 2005. 

Benchmark LME copper CMCU3 was down 0.5% at $8 808/t at 10:32 GMT.