02.02.2009 - Shanghai copper falls after holiday, follows London’s declines

From Bloomberg: Copper fell on the Shanghai Futures Exchange following a drop in London prices last week when China’s markets were closed for the Lunar New Year vacation. London copper dropped 3 percent to $3,155 a metric ton last week on a declining economic outlook. Global inventory jumped 16 percent to 491,525 tons as the recession in the U.S., the world’s second-largest copper use after China, reduces demand from builders and manufacturers..... Full Article: Source

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