Copper falls amid concerns about weaker demand in Europe

Source: Bloomberg
© Scanpix/Par
Copper traded in New York fell for the first time in last three sessions on Monday amid speculation that demand in Europe will decrease as the global supplies rise and after reports showing that services and manufacturing output in the EU17 declined. Copper for delivery in two months dropped 0.6% to $3.296 a pound as of 10:35 a.m. on the Comex.

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