06.05.2011 - Copper sinks to 2011 low in commodity free-fall
Copper nosedived more than 3 percent on Thursday to its lowest level since December as fears about sputtering global growth and growing inflation risk triggered a vicious cross-commodity crash. The 19-commodity Reuters-Jefferies CRB index .CRB was last off almost 5 percent on the day and 8 percent so far this week, heading for its biggest weekly decline since December 2008, as prices of oil, metals and grains plunged amid the widespread liquidation..............................................Full Article: Source
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