Shanghai copper slips

The most-traded March copper contract on the Shanghai Futures Exchange slipped 0.29 percent to 55,900 yuan ($8,900 a tonne on Friday. "The Chinese economy is not going in for a hard landing so there's still a degree of demand we ought to factor in from China," said Song Seng Wun, regional economist CIMB Research in Singapore.
"On the other hand, there's a tug of war. Some are wondering whether a recovery in the US is sustainable. We have our doubts but it might keep the optimist hopeful in terms of demand."