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Print Print edition: 2011-03-09

US copper crumbles

Published Updated

Copper suffered its biggest one-day decline in nearly four months on Monday, as rising oil prices and geopolitical instability fanned recovery doubts. Chinese measures to tackle inflationary pressures also dimmed demand prospects. COMEX copper for May delivery tumbled 15.85 cents, or 3.5 percent to settle at $4.3270 per lb.

Copyright Reuters, 2011

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