Shanghai Copper Falls over 2 Pct to 3-Mth Low-Shanghai Metals Market

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Shanghai Copper Falls over 2 Pct to 3-Mth Low

Industry News 09:38:12AM Apr 16, 2012 Source:SMM

SHANGHAI, April 16 (Reuters) - Shanghai copper fell over 2 percent to a three-month low of 56,700 yuan per tonne on Monday, weighed down by a stronger dollar and tracking losses in London.

Three-month copper on the London Metal Exchange fell nearly 1 percent to a fresh three-month low of $7,915 a tonne, adding to a 2.8-percent slide on Friday after data showed top copper consumer China's economy grew at its weakest pace in nearly three years in the first quarter.
 

Key Words:  Shanghai copper Monday 

Price

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#1 Refined Cu
Nov.12
47125.0
-50.0
(-0.11%)
Standard-Grade Copper
Nov.12
47115.0
-50.0
(-0.11%)
High-Grade Copper
Nov.12
47135.0
-50.0
(-0.11%)
Guixi Copper
Nov.12
47140.0
-50.0
(-0.11%)
Low-Quality Copper
Nov.12
47060.0
-50.0
(-0.11%)

Shanghai Copper Falls over 2 Pct to 3-Mth Low

Industry News 09:38:12AM Apr 16, 2012 Source:SMM

SHANGHAI, April 16 (Reuters) - Shanghai copper fell over 2 percent to a three-month low of 56,700 yuan per tonne on Monday, weighed down by a stronger dollar and tracking losses in London.

Three-month copper on the London Metal Exchange fell nearly 1 percent to a fresh three-month low of $7,915 a tonne, adding to a 2.8-percent slide on Friday after data showed top copper consumer China's economy grew at its weakest pace in nearly three years in the first quarter.
 

Key Words:  Shanghai copper Monday