Sun, Nov 23, 2014
A A A
Welcome kbr175@gmail.com
RSS

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

Copper drops as global stockpiles rise to near five-year high

Posted on 30 December 2008

From Bloomberg: Copper declined in London after stockpiles jumped to the highest in nearly five years as a global slowdown cuts raw material demand.

London Metal Exchange-monitored inventory jumped by 5,250 metric tons yesterday, to 336,700 tons, the highest since Feb. 9 2004. The stockpiles have increased 71 percent this year while copper prices are down 56 percent, heading for the first annual decline since 2001….. Full Article: Source


 Article link

This post was written by:

VRS - who has written 38089 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
November 2014
S M T W T F S
« Oct    
 1
2345678
9101112131415
16171819202122
23242526272829
30