Copper drops amid tightening concerns
![Copper drops amid tightening concerns](../../attachement/jpg/site1/20100203/0013729e4a9d0cd3056c0d.jpg)
SHANGHAI: Copper dropped for the fifth time in six days in London as concerns on monetary tightening in China escalated.
Copper for three-month delivery declined as much as 0.9 percent to $6,727 a metric ton on the London Metal Exchange, after gaining as much as 0.7 percent earlier.
The May-delivery contract on the Shanghai Futures Exchange fell for a fourth day, losing 0.3 percent to close at 54,300 yuan ($7,953) per ton.
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