CP Update: Copper

Copper futures fell on Thursday as the dollar strengthened and on concern about lackluster demand for the metal in top consumer China that was compounded by evidence that the European and United States economies are still struggling.

Copper futures for most actively traded July delivery closed at $3.2460 per pound on the Comex metals division of New York Mercantile Exchange. While copper on the London Metal Exchange down 0.6% at $7,151 a tone.

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