Wednesday, July 4, 2007

Copper Falls in Asia, Ending a Four-Day Rally, Amid Interest Rate Concern

(Bloomberg) -- Copper prices dropped in Shanghai,
ending four days of advances, triggered by a fall in China's
equities market after the central bank signaled it may raise
interest rates.

Chinese central bank yesterday signaled it may increase
interest rates to limit lending and investment. The CSI 300
Index slid 2.3 percent to 3743.58 at the close, after earlier
rising as much as 0.4 percent.


Read more at Bloomberg Commodities News

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