Crumbling Copper Interest to Snap Back with Economy

- May 13th, 2011

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

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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