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Copper drops most in 6 weeks in N.Y. on renewed demand concern

Posted on 31 March 2009

From Bloomberg: Copper prices fell by the most in almost six weeks after the government said U.S. banks and carmakers may need more taxpayer help, renewing concern that the global economic slump will slash demand for raw materials.

The Reuters/Jefferies CRB Index of 19 commodities slid to the lowest in more than a week after the government ousted General Motors Corp. Chief Executive Officer Rick Wagoner…..Full Article: Source


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VRS - who has written 36658 posts on Opalesque Commodities Briefing.


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