Copper drops $200/tn

Copper price was down $200 at $7,350/$7,360 per tonne - a 2.6% decline from Friday's close in pre-market trades on the LME.

The drop follows the 6.7% decline ($540) to $7,550 per tonne as investors shifted money into US assets.

While aluminium was steady at $2,710/2,720 versus Friday's $2,720, zinc was $20 higher at $3,250/$3,270 after Friday's 5.5% drop.

Lead was down $35 at $1,115/1,125, and tin fell $200 at $7,900/8,000.