Copper Caps Worst Monthly Loss Since June 2010

Base Metals Investing

Reuters reports copper capped its worst monthly performance since June 2010 as concerns about tightening supply and upbeat U.S. data steered the rally.

Reuters reports copper capped its worst monthly performance since June 2010 as concerns about tightening supply and upbeat U.S. data steered the rally.

The market news is quoted as saying:

London Metal Exchange (LME) copper for three-month delivery CMCU3 broke above its 200-day moving average at $9,286 a tonne at one point, before ending at $9,275, up $115 on the day.

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