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copper-investing

Copper Falls 0.4 Percent on China Growth Concerns

Investing News Network
Feb. 22, 2012 11:10AM PST
Base Metals Investing

Bloomberg reported that copper fell 0.4 percent after data showed declining manufacturing in China.

Bloomberg reported that copper fell 0.4 percent after data showed declining manufacturing in China.

As quoted in the market news:

Three-month copper fell as much as 0.4 percent to $8,413 a metric ton after rising 0.3 percent earlier. The contract traded little changed at $8,450 by 11:38 a.m. Shanghai time, after climbing 3.4 percent in the past two days. May-delivery copper on the Comex lost 0.3 percent to $3.8345 a pound.

Click here to read the full Bloomberg report.

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