Mon, 05 Mar 2012 16:30:21 GMT
Copper tumbled by 0.75% after China's growth forecast cut
Copper futures declined on Monday after China reported on the reduction of this year's growth forecast. Moreover, escalated worries over Greece's capability to pay back its debts weighted down on base metals. Copper futures for delivery in May traded at 3.874 US Dollars per pound at the early European session, on the New York Mercantile Exchange, losing 0.75%.