Shanghai Copper price declines on Greece anxiety

Metal Recycling News  |  2012-05-15 10:07:12   |   By

Shanghai Futures Exchange copper fell on Tuesday May 15 as renewed worries that Greece could exit the eurozone triggered investor caution.

SHANGHAI (Scrap Monster): Shanghai Futures Exchange copper fell on Tuesday May 15 as renewed worries that Greece could exit the eurozone triggered investor caution.

SHFE August copper settled at 55,660 yuan ($8,834) per tonne, down 1.8% from the previous trading day.

In general, the market is nervous and trades are thin as eurozone and China woes continue to weigh on sentiment.