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Copper Falls to $8,175 on Greek Bailout and China Demand Concerns
Feb. 17, 2012 10:13AM PST
Base Metals Investing
Bloomberg reported that copper fell 1.6 percent as Eurozone lawmakers decided to postpone the second Greek bailout.
Reuters reported that copper fell to $8,175 on concern over Greece’s bailout package and falling demand from China.
As quoted in the market news:
Benchmark copper on the London Metal Exchange (LME) closed at $8,175 a tonne, down from Thursday’s close of $8,300.
