London copper recorded a third consecutive week of declines as consumer demand expectations cooled

China's National Bureau of Statistics reported on Friday that the added value of industries above designated size rose 5.
4% year-on-year in November, a 33-month low
.

Data released by data compiler Mark V showed that the preliminary Markit manufacturing PM in the euro area in December was 51.
4, a 34-month low, indicating a slowdown
in European economic growth.

At 17:00 London time on Dec.
14 (01:00 EDT Dec.
15), three-month LME copper closed down 0.
4% at $
6,131.
50 a tonne.
It fell 0.
2%
for the week.

Copper has fallen 16 percent this year amid concerns that the U.
S.
-China trade dispute could accelerate the slowdown
.

LME copper stocks rose by 1,250t to 121,225t but remained near
a decade low.
Copper inventories on the Shanghai Futures Exchange fell this week, down from more than 300,000 tonnes
in April.

Commerzbank analyst Daniel Briesemann said Chinese data and a sharply stronger dollar weighed on metal prices
.
A stronger dollar makes it more expensive for buyers holding other currencies to buy metals and could dampen demand
.
The risk is downside as China's economy is sure to cool, but he said fundamentals support copper prices in the $6,500-$7,000 range despite slowing growth in China
.