Monday, 30 May 2011
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Copper in New York Declines for First Day in Five on U.S. Economy Slowdown
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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