| The third quarter of 2015 was the worst yet for commodity prices. Copper, the industrial metal that is a barometer for global economic health, lost over 10% of its value during the three months that ended on September 30. It was around 18% lower on the year at the end of Q3.
Copper closed on September 30 at $2.3410 per pound; on Friday, October 23, the price was $2.3485. During the first weeks of Q4, many raw material prices corrected higher. Copper moved up to highs of $2.4375 on October 9 in a feeble attempt to move towards resistance at $2.50 per pound, but the rally failed...............................................Full Article: Source
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