Copper Drops, Heads for First Weekly Fall in Three

Bloomberg reports that Copper plunged, heading for its first weekly drop in three.

The market news is quoted as saying:

Copper futures on the Comex in New York dropped 0.7 percent to $4.2775 a pound, while the metal for June delivery on the Shanghai Futures Exchange fell 0.2 percent to 70,500 yuan ($10,770) a ton.

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