Copper Falls on Concern Demand May Wane as Higher Oil Cost Slows Economies

Bloomberg reports copper futures plunged for the fifth time in six sessions.

The market news is quoted as saying:

Copper futures for May delivery dropped 6.95 cents, or 1.6 percent, to $4.269 a pound at 10:47 a.m. on the Comex in New York. Before today, the price lost 6.8 percent from a record $4.6575 reached on Feb. 15.

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