Bloomberg News

Copper in London Drops for Second Day on Global Economy Concern

June 15, 2011

June 16 (Bloomberg) -- Copper in London dropped for a second day on concern about the stability of the global economy as China may extend credit tightening measures and the debt crisis in Europe remains unresolved.

The metal for three-month delivery on the London Metal Exchange fell as much as 0.7 percent to $9,090 a metric ton by 8:06 a.m. Singapore time.

To contact the editor responsible for this story: Glenys Sim at gsim4@bloomberg.net


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