By Claudia Carpenter
Nov. 14 (Bloomberg) -- Copper may drop next week as slowing growth curbs demand in China, the world's largest buyer of the metal used in cars and homes.
Fifteen of 25 analysts, investors and traders, or 60 percent, surveyed by Bloomberg News said copper will decline. Seven people, or 28 percent, expected a gain and three were neutral. Last week 67 percent expected prices to decline.
Copper for delivery in three months on the London Metal Exchange has gained 0.3 percent this week.
China's industrial production grew 8.2 percent in October from a year earlier, the smallest gain in seven years, the statistics bureau said yesterday. Output expanded 11 percent in September.
This week's survey results: Bullish: 7 Bearish: 15 Neutral: 3
To contact the reporter on this story: Claudia Carpenter in London at ccarpenter2@bloomberg.net
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