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

Copper drops nearly 4 per cent

Posted on 15 January 2009

From Theglobeandmail.com: Copper led a bearish charge in the broader industrial metals complex on Wednesday after data showing much-worse-than-expected U.S. retail sales deepened fears about the global economy and its effect on demand for metals.

Copper for March delivery on the New York Mercantile Exchange’s Comex division sank 5.95 cents (U.S.), or 3.9 per cent, to settle at $1.4875 a pound….. Full Article: Source


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