Copper Dropped 2.75 Percent

Reuters reported that copper dropped 2.75 percent due to lower demand in China and expectations of recession in Europe.

As quoted in the market news:

In New York, the March COMEX contract fell by 2.75 cents to settle at $3.8060 per lb, after dealing between $3.7735 and $3.8395.

Click here to read the full Reuters report.