Crumbling Copper Interest to Snap Back with Economy

Reuters reports that U.S. copper futures fell to its lowest level since October 2009.

The market news is quoted as saying:

Open interest in copper <0#HG:> fell as low as 120,303 lots this week, down nearly 30 percent from the January peak to its lowest since Oct. 7, 2009, when interest stood at 118,778 lots.

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