SINGAPORE, Sept 12 (Reuters) - London copper declined 1
percent on Monday, extending a fall of 3.2 percent in the
previous session, as mounting worries about stalled economic
growth in the West outweighed robust growth in China's copper
imports.
Asian stocks fell and the euro sank to a 10-year low against
the yen after the resignation of Juergen Stark from the European
Central Bank board on Friday fuelled fears over Europe's ability
to tackle the sovereign debt crisis.
Underlining the weak sentiment in copper, some European and
U.S. clients have sought to cancel orders from Chile's Codelco,
the world's top copper producer, on fears of a downturn in
demand.
SOURCE:http://af.reuters.com/
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