Copper Drops 2.7 Percent on Greek Outlook, China Imports

Base Metals Investing

Bloomberg reported that copper inched down 2.7 percent due to concerns about the Greek bailout plan, and falling copper imports in China

Bloomberg reported that copper inched down 2.7 percent due to concerns about the Greek bailout plan, and falling copper imports in China

As quoted in the market news:

Copper futures for March delivery fell 2.7 percent to $3.8695 a pound at 11:28 a.m. on the Comex in New York, heading for the biggest decline since Dec. 14. Prices are down 0.8 percent for the week, the first decline in five weeks.

Click here to read the full Bloomberg report.

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