Friday, July 6, 2007

Copper Futures Fall as Summer Holidays Curb Industrial Demand; Zinc Drops

(Bloomberg) -- Copper prices fell in Asia as demand
waned during the northern hemisphere summer, traditionally a
weak period for demand due to holidays.

The slowdown ``makes for a weaker physical market, which
weighs on the futures market,'' Wu Jian Jian, an analyst at
Zhejiang Yongan Futures, said. ``In the same way, the weakness
in Shanghai spilled over to the LME.''


Read more at Bloomberg Commodities News

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