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Commodities Briefing - Categorized | Metals and Minerals, Price Watch more

Copper, aluminium hit 3-yr lows on slow demand

Posted on 21 November 2008

From Reuters: Prices of aluminium and copper sank to their lowest levels in more than three years on Thursday as rising stock levels and anxiety over the health of the U.S. auto industry fanned concerns about demand prospects for industrial metals.

The transportation sector makes up between 10 percent and 25 percent of base metals demand, said analyst Michael Widmer at BNP Paribas in a research note….. Full Article: Source


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