Summary Box: Metals fall on fear of China slowdown

AP News
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Posted: Jun 13, 2011 3:52 PM
Summary Box: Metals fall on fear of China slowdown

CHINA'S NEXT STEP: Silver and copper fell on the latest sign of a slowdown in China's economy. Both metals are used in manufacturing, and investors are concerned that a slowdown in China could cut into demand.

SUMMER YET?: Warmer, drier weather moved into parts of the Midwest, benefiting spring crops. Prices for wheat, corn and soybeans fell.

OIL DROP: Oil fell after the dollar moved off its lows and began to strengthen against other currencies. Oil and other commodities are priced in dollars. A stronger dollar makes them more expensive for buyers who use other currencies like the euro or the Japanese yen.