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U.S. copper futures fall to lowest this year
May 30, 2012 / 2:02 PM / 6 years ago

U.S. copper futures fall to lowest this year

NEW YORK, May 30 (Reuters) - U.S. copper futures fell to their lowest this year in early New York trade on Wednesday, pressured by a stronger dollar and mounting fears about the health of Spain’s banking sector.

COMEX copper plunged 7.90 cents, or 2.3 percent, to $3.3830 per lb which marked its cheapest since late December 2011.

Reporting By Chris Kelly

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