Monday, 14 May 2007

Base metals fall on profit-taking

(Reuters) - Industrial metal prices fell on Monday as speculators banked profits after copper earlier this month hit its highest since last year.

Copper, often seen as a benchmark of the metals markets in particular and of economic growth in general, ended the official session at the London Metal Exchange (LME) at $7,840 per tonne, down $55 from Friday's closing price.


Read more at Reuters Africa

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