Shanghai copper drops

Shanghai Futures Exchange copper dropped 2.5 percent to 49,000 yuan ($7,785.69) a tonne by close on Monday, hitting the lowest since July at 48,720 yuan. Asian metals extended their declines on Monday as concerns over US-China trade relations continued to batter global stocks and threaten to blunt the demand for metals.
Other Shanghai metals slipped towards fresh multi-month lows. Shfe nickel dropped 3 percent at 9,6360 yuan a tonne by close, Shanghai aluminium slipped half a percent to a nearly 17-month trough, while Shanghai lead closed down 0.9 percent.