Articles Tagged "fall"

Copper for March delivery dropped 11.55 cents

Copper for March delivery on the New York Mercantile Exchange’s Comex division dropped 11.55 cents (U.S.), or 7.5 per cent, to settle at a two-week low $1.4230 a pound. For full story, click here

Copper crumbles to two-week low

Copper crumbled to a two-week low Tuesday, pulled down by a stronger U.S. dollar and record-low U.S. manufacturing data that ignited a wave of risk aversion across the broader complex. For full story, click here

Copper has plunged by more than 60 % since last July

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. For [...]

Copper tumbles, sentiment crushed by stock build

Copper prices buckled on Thursday as a massive jump in inventories intensified fears about falling demand particularly from China, the world’s largest consumer of the industrial metal. For full story, click here

Three-months copper falls on LME

Three-months copper on the London Metal Exchange MCU3 fell to $3,055 a tonne, the lowest price since Jan. 2, before rising to $3,270 a tonne. It ended at $3,251 from $3,090 at the close. For full story, click here