Summary Box: Copper prices fall on worries over China’s economic growth, demand
By APMonday, March 15, 2010
Summary Box: Copper prices fall on demand worries
COPPER DROPS: Copper prices fell as traders worried that China may take steps to curb economic growth, which could hurt demand for the metal used in construction and consumer products.
ENERGY SLIDES TOO: Crude oil, natural gas and heating oil also retreated amid concerns about diminishing demand.
WHAT’S NEXT: Investors and traders are awaiting the Federal Reserve’s meeting Tuesday. The central bank may give an indication of when U.S. interest rates are likely to go up.
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