BLBG:Commodities Extend Declines, Paced by Copper, Zinc, Rubber, on Demand Risk
Commodities extended their decline on concern Europe’s sovereign-debt crisis will hurt global growth and reduce demand for industrial raw materials.
Copper for three-month delivery fell as much as 5.9 percent to $6,821 a metric ton on the London Metal Exchange and traded at $6,900 a ton at 9:03 a.m. Singapore time. Zinc shed 4.7 percent and rubber in Tokyo fell 4.6 percent.
To contact the editor responsible for this story: James Poole at jpoole4@bloomberg.net
