Copper Slumps in London

- May 17th, 2011

Bloomberg reports that Copper dropped in London for the first time in four sessions.

Bloomberg reports that Copper dropped in London for the first time in four sessions.

The market news is quoted as saying:

Copper for delivery in three months fell $40, or 0.5 percent, to close at $8,799 a metric ton ($3.99 a pound) on the London Metal Exchange at 6:05 p.m. local time. The price reached a record $10,190 on Feb. 15.

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