US copper futures fell to a 1-1/2-week low early on Monday, as the dollar strengthened and broader market concerns persisted about the European debt crisis and its potential impact on global economic recovery. Copper for July delivery plunged 7.30 cents, or 2.3 percent, at $3.0610 per lb by 9:55 am EDT (1355 GMT) on the New York Mercantile Exchange's COMEX division.
Range extended down from $3.1230 to $3.03, its lowest level since May 5. Sentiment remained negative after German Chancellor Angela Merkel said Sunday a $1 trillion EU/IMF bailout plan had only bought the eurozone time to tackle its fundamental problem.
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