US copper slides

Copper fell for a second day on Tuesday as a deal to rescue Greece and prevent a wider sovereign debt crisis hit a new roadblock and as softer Chinese data clouded prospects for demand from the top metal consumer. In New York, the key December COMEX contract settled down 12.95 cents or nearly 3.6 percent at $3.5025 per lb, near the bottom of its $3.4620 to $3.6570 session range.
Futures volumes stood above 58,000 lots late in New York, about 10 percent below their 30-day norm, according to preliminary Thomson Reuters data.