Copper Futures Fall on China Imports, Concern Growth May Ease
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Copper fell to the lowest in almost three months as imports slowed in China, the world’s biggest user, and amid rising concern that global growth may ease.
In February, China’s purchases of copper and products made from the metal tumbled 35 percent from a month earlier to the lowest in more than two years, customs figures showed today. The MSCI World Index of shares dropped the most since November, as Moody’s Investors Service cut Spain’s credit rating and U.S. jobless claims rose.