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Weakening manufacturing in China and the eurozone spelled lower prices for copper, as the...
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Monday, April 23, 2012, 4:33 PM ETWeakening manufacturing in China and the eurozone spelled lower prices for copper, as the industrial metal fell 2% to settle at $3.626/pound for its lowest ending price since Jan. 11. Add diminished expectations for imminent QE from the Fed, and prices could continue to fall from here, TD Securities’ Bart Melek says.
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