Monday, 30 May 2011

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Copper in New York Declines for First Day in Five on U.S. Economy Slowdown

  • Monday, 30 May 2011
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  • Copper in New York fell for the first time in five days before reports this week that may show the economy is slowing in the U.S., the world's second-largest consumer of the metal after China. July-delivery copper on the Comex in New York dropped as much as 1.2 percent to $4.135 a pound and traded at $4.1545 at 5:33 p.m. Singapore time. Copper for August delivery on the Shanghai Futures Exchange



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