Shanghai Copper Dropped 0.3 Percent

Reuters Africa reported that Shanghai copper fell after investors kept an eye on U.S. data for evidence on the condition of the world’s largest economy.

As quoted in the market news:

The most-traded March copper contract on the Shanghai Futures Exchange slipped 0.3 percent to 55,050 yuan
($8,700) a tonne by 0733 GMT. Prices have tumbled 23 percent so far this year, after gaining in the last two years.

Click here to read the full Reuters Africa report.