Base Metals

Copper Drops on EU Downgrade Speculation

Base Metals

Reuters reported that copper dropped over concern that Standard & Poor may downgrade a number of European Union countries.

Reuters reported that copper dropped over concern that Standard & Poor may downgrade a number of European Union countries.

As quoted in the market news:

Three-month copper on the London Metal Exchange was untraded at the close, but bid at $8,000 a tonne from a close of $8,005 on Thursday.

Click here to read the full Reuters report.

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