(Bloomberg) -- Shanghai copper fell the daily limit to its lowest in almost three weeks after a forecast for lower U.S. housing starts raised concern about demand and Peru's government declared illegal a miners' strike planned for April 30.
Single-family housing starts will fall to 1.16 million this year, the lowest since 1.13 million in 1997, said the National Association of Home Builders, yesterday in Washington. Peru's mine unions failed to present strike petitions on time, Labor Minister Susana Pinilla said in Lima yesterday.
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