September copper prices were weaker in the early Wednesday US trading action, as many traders remain concerned about further slowing in China as several analysts do not feel that Chinese officials have provided enough assistance to their real estate sector. Some traders feel that copper continues to be pressured by concerns of slowing in Europe, with primary doubts still focused on potential troubles in Spain. With weaker equities, adverse currency market action and weakness in the rest of the metals markets are also widely seen as negative factors for copper prices this morning. LME copper stocks declined for the fifth session in a row, and have reached their lowest levels since June 11th.
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