| Why Should I Care About Copper? It is used in everything from cars to electricity transmission, so its price performance is considered an accurate reflection of the health of the global economy. Hasn't Copper's Price Been Falling Like Everything Else? Yes. Lower demand from China, the world's biggest consumer of base metals, has meant prices have fallen to their lowest levels since 2009.
High-grade copper has fallen nearly 20% so far this year, helping to push Bloomberg's Commodity Index to its lowest in 16 years. Although the metal is now trading at around $2.30 per pound - down from its record $4.60 in early 2011, the price hasn't proved as volatile as the other commodities...............................................Full Article: Source
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