Copper futures fell to the lowest in more than two months on
concern that demand will wane as higher energy costs slow the
global economy. Crude oil reached a 29-month high in New
York on March 7 and rose as much as 0.9 percent today as
Libyan leader Muammar Qaddafi stepped up attacks on rebel
forces, fueling speculation that the conflict will persist. Copper
stockpiles monitored by the London Metal Exchange have
jumped 22 percent from last year’s low on Dec. 10.
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