Copper Fell 3% Over China’s Lowered 2012 Growth Targets

Reuters reported that copper fell 3 percent after Beijing lowered its 2012 growth targets.

As quoted in the market news:

In New York, the key May COMEX contract plunged by 12.20 cents or over 3 percent to settle at $3.7375 per lb, near the bottom end of its $3.7365 to $3.8830 session range.

Click here to read the full Reuters report.