Fri, Mar 6, 2015
A A A
Welcome preal121
RSS

Commodities Briefing - Categorized | New Category more

Copper’s slide tempered by reconstruction talk

Posted on 16 March 2011

From Dow Jones: Copper prices avoided the brunt of Tuesday’s commodity selloff, as traders looked beyond the imminent nuclear-reactor crisis to Japan’s reconstruction. “Copper is the first thing they’ll need to come back and rebuild,” said Charles Nedoss, senior market strategist at Olympus Futures.
May copper, which has the biggest number of contracts outstanding, ended 1.2% lower at $4.1370 a pound. Thinly traded March copper also fell by 1.2%, settling down 4.85 cents to $4.1250 a pound on the Comex division of the


 Article link

This post was written by:

VRS - who has written 39533 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
March 2015
S M T W T F S
« Feb    
1234567
891011121314
15161718192021
22232425262728
293031