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HC HVAC & R Network ?According to sources in New York on April 27, COMEX copper futures fell sharply to 27 in March the lowest point since late because of debt worries led investors to the European appetite for risk declined.
Most-active May copper contract fell 16.45 cents, or 4.66%, to 3.3635 U.S. dollars per Broncos #6 Cutler Jersey pound, after earlier hitting 3.3575 U.S. dollars per pound, from 26 March to the lowest point since.
Sparsely traded copper contract in April fell 16.35 cents, or 4.64%, to U.S. dollars per pound 3.3.3635; the contract expires on Wednesday.
27 opening date for copper fell, Greece and Portugal in the Standard & Poor's lowered credit rating, the market decline accelerated. S & P to Portugal
long-term rating lowered two notches to A-, more speculative or "junk" grade from the high two-level, rating outlook is negative. S & P said that if Portugal deficit and debt than expected rating may be lowered again. Tuesday Standard & Poor's also lowered the Greek
rating to junk because of fears that the country address its high debt burden of the implementation of the necessary reform. S & P lowered the rating of Greece from the three levels to BB +, as speculative or "junk" the most advanced, rating outlook is negative, meaning ratings could be lowered again.
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