Copper prices fall amid concerns that China could take steps to curb economic growth
By APMonday, March 15, 2010
Copper prices fall amid concerns over China
DENVER — Copper prices have fallen amid speculation that China will take steps to slow its economy.
Analysts said Monday that investors are worried that China’s need for industrial metals will fall. The country’s annual legislative meeting ended without any policy changes that could have boosted domestic consumption.
Investors also are awaiting the Federal Reserve’s meeting Tuesday. They’re looking for any signs that interest rates will be going up.
Gold and silver both closed higher, while energy prices fell across the board and grains were mixed.
YOUR VIEW POINT
