| 16.12.2008 - Copper falls to more than three year low as stockpiles increase |
| From Bloomberg: Copper fell to near the lowest price in more than three years as stockpiles of the metal gained, indicating a deepening recession and slowdown in demand for raw materials. The London Metal Exchange-monitored stockpiles jumped by 8,000 metric tons yesterday to 314,825 tons, the highest since February 2004. Industrial production grew at the weakest pace in almost a decade in China and fell in the U.S. last month. .... Full Article: Source |