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    copper investing

    Strong Dollar, Weak Chinese Data Push Copper Down

    Investing News Network
    Mar. 01, 2013 09:20AM PST
    Base Metals Investing

    Reuters reported that copper fell to levels not seen in three months on poor Chinese factory data and a strengthening dollar.

    Reuters reported that copper fell to levels not seen in three months on poor Chinese factory data and a strengthening dollar.

    As quoted in the market report:

    Three-month copper on the London Metal Exchange touched its lowest since November last year at $7,652 a tonne, and was $7,695.25 per tonne at 1520 GMT, down from a closing bid of $7,815 on Thursday. Prices fell more than 4 percent in February.

    To view the whole Reuters report, click here. 

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