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Copper slips from near 5-month high

Posted on 30 March 2009

From Theglobeandmail.com: Copper ended down Friday, backing away from a near five-month peak, as a general commodity downturn and uncertainties about the strength of real demand from manufacturers, particularly in China, weighed on values.

“We seem to have a little commodity malaise that’s everywhere today, from gold to cocoa,” said Sterling Smith, vice-president with FuturesOne in Chicago. “They all had little bumps lower, which I think was just some money coming off the table.”….Full Article: Source


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