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copper investing

Copper Eases After China Loans Data

Investing News Network
Jun. 13, 2011 10:30AM PST
Base Metals Investing

Reuters Africa reports that on Monday, copper fell on LME, after a slowdown in Chinese lending market in the month of May.

Reuters Africa reports that on Monday, copper fell on LME, after a slowdown in Chinese lending market in the month of May.

The market news is quoted as saying:

Three-month copper on the London Metal Exchange fell 0.2 percent to $8,920.25 at a tonne by 0727 GMT. Earlier, copper dipped as low as $8,889.25, its weakest since May 25.

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