Economics
Copper Futures Post Biggest Two-Session Drop in 28 Months
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Copper futures posted the biggest two-session drop in 28 months on signs of faltering economic growth from France to China, the world’s biggest consumer of industrial metals.
On the Comex in New York, copper dropped below $3 a pound for the first time since June. French industrial production production unexpectedly dropped in January for the second straight month, and business confidence declined, separate reports showed today. In China, exports slid in February by the most since 2009, government data showed on March 8.