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Copper Hits Highs and Lows, Pushed by Conflicting Forces
Feb. 28, 2013 12:28PM PST
Base Metals Investing Bloomberg reported that copper had a volatile trading day as investors alternated between dwindling demand and positive U.S data.
Bloomberg reported that copper had a volatile trading day as investors alternated between dwindling demand and positive U.S data.
As quoted in the market report:
Copper for delivery in three months slipped 0.1 percent to $7,862 a metric ton by 10:58 a.m. on the LME after climbing as much as 0.8 percent. Prices are down 3.7 percent this month. Copper for May delivery rose 0.1 percent to $3.572 a pound on the Comex in New York.
