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Copper Down on US Worries, More China Tightening Fears
Apr. 28, 2011 10:49AM PST
Base Metals Investing
Reuters reports that on Wednesday, Copper plunged again over fears about the U.S. economy and tighter
policy in China.
Reuters reports that on Wednesday, Copper plunged again over fears about the U.S. economy and tighter
policy in China.
The market news is quoted as saying:
Benchmark copper CMCU3 on the London Metal Exchange closed down $224, or 2.2 percent, at $9,321 after stockpiles of the metal at warehouses monitored by the LME hit 10-month highs. It’s down four percent over the past two sessions, the biggest such loss in a month hand a half.
