Copper Falls Most in Four Weeks on China Holiday, Europe
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Copper futures fell the most in four weeks on speculation that demand will ebb during the Lunar New Year holiday in China, the world’s biggest buyer of industrial metal, while Europe’s debt woes mounted.
Financial markets in China are shut this week. Ministers from the 17-member euro area met today to discuss aid to Cyprus and Greece as a tightening election contest in Italy and a political scandal in Spain roiled markets.