Copper Investing News » Copper has plunged by more than 60 % since last July

Copper has plunged by more than 60 % since last July

January 30, 2009 @ 4:50 am In Copper Market News

Copper has plunged by more than 60 percent since a record high of $8,940 a tonne last July. Prices started to fall in the second half of last year as the market priced in a realisation that China may not be able to offset falling demand from the United States, the world's largest economy.

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[1] here: http://www.guardian.co.uk/business/feedarticle/8332767