0319 GMT - Iron ore falls in Asian trade, with the most-traded iron ore contract on the Dalian Commodity Exchange down 0.4% at 756.5 yuan a ton. Chinese exports are likely to seasonally decline in July, easing iron ore supply pressures, Nanhua Futures writes in a note. Supply and demand are both weak, with limited short-term market drivers. Given the low valuation of ferrous metals, the rise in oil prices and the impact of the BHP strike, the market could face volatility, it adds. (kimberley.kao@wsj.com)
Copper Lower Amid Concerns Over China's Mixed Economic Data -- Market Talk
0245 GMT - Copper is lower in early Asian trading. China's mixed economic data has raised concerns about demand, according to ANZ research analysts in a commentary. China's economy slowed more than expected in the second quarter to its lowest pace in more than three years. However, there were some positive signs, with industrial production in June beating market expectations, the analysts note. The three-month LME copper contract is 0.1% lower at $13,566.50 a ton.(tracy.qu@wsj.com)
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(END) Dow Jones Newswires
