Wed, Sep 17, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Metals and Minerals more

Is copper’s swoon a bad omen for China?

Posted on 05 February 2014

Copper prices marked their longest losing streak in 18 years this week, but while some say the slump is a bad sign for the metal’s biggest importer China, others say it’s no cause for alarm.
The industrial metal’s price, widely perceived as a bellwether for global market sentiment and often referred to as ‘Dr. Copper,’ fell to $3.184 per pound or $7,020 per ton Monday, its ninth consecutive decline, as softer manufacturing data out of China and the U.S. led investors to ditch the commodity amid supply concerns………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 36970 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
September 2014
S M T W T F S
« Aug    
 123456
78910111213
14151617181920
21222324252627
282930