Copper May Drop Below $7,000 a Ton in Next 3 Months

- January 4th, 2012

Bloomberg reported according to Societe Generale, copper for delivery in three months may fall below $7,000 a metric ton in the next three months.

Bloomberg reported according to Societe Generale, copper for delivery in three months may fall below $7,000 a metric ton in the next three months.

As quoted in the market news:

The metal for immediate delivery may average $7,950 this year and $8,300 in 2013, the bank said. Copper for immediate delivery closed at $7,777.75 yesterday on the London Metal Exchange.

Click here to read the full Bloomberg report.

Get the latest Copper Investing stock information

Tags

Leave a Reply