(Bloomberg) -- Copper fell for a second consecutive day in London on speculation that supplies will keep outpacing demand. Nickel and zinc also dropped.
Production of copper exceeded demand by 115,000 metric tons in the first two months of the year, the World Bureau of Metal Statistics said yesterday. The surplus may rise to 275,000 tons in 2007, according to an official at the International Wrought Copper Council, a group that represents users of the metal.
Read more at Bloomberg Commodities News
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