(Bloomberg) -- Copper prices fell in Asian trade as Peru's government negotiated with mining unions to end a strike that threatens to disrupt global supplies of the metal and amid speculation that yesterday's gains may have been overdone.
The national mining strike in Peru, which began April 30, will end between today and tomorrow as talks are progressing, Labor Minister Susana Pinilla said in an e-mailed statement yesterday. Copper jumped 2.8 percent yesterday on signs of strengthening U.S. demand for the metal used in wires and pipes.
Read more at Bloomberg Commodities News
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