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Shanghai aluminium falls by limit as metals crumble

Fri Oct 10, 2008 7:04am IST
 
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SINGAPORE, Oct 10 (Reuters) - Shanghai aluminium futures fell by their 4 percent limit on Friday, after copper and zinc plunged by their thresholds, as investors fled metals amid concerns of a sharp downturn in the global economy. Shanghai's benchmark aluminium contract SAFc3 fell 565 yuan to 13,490 yuan at 0130 GMT, London Metal Exchange Futures dropped $17 to $2,290.

(For more stories on the growing global financial crisis, click on [nCRISIS])

(Reporting by Nick Trevethan; Editing by Kim Coghill)

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