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Print Print edition: 2011-05-12

Shanghai copper falls

Published Updated

Copper prices fell on Wednesday after the release of slightly-higher-than-expected Chinese inflation data, while fears of the euro debt crisis weighed. The most-active July copper contract on the Shanghai Futures Exchange fell 1.1 percent to 66,340 yuan at its close.
Chinese consumer price inflation topped expectations at 5.3 percent in the year to April, while producer price inflation - a barometer of imported price pressures - eased to an annual rate of 6.8 percent.

Copyright Reuters, 2011

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