Reuters Africa reports that on Monday, Shanghai copper closed lower.
Reuters Africa reports that on Monday, Shanghai copper closed lower.
The market news is quoted as saying:
The copper market was earlier thought to be strengthened by a weaker Dollar and higher equity prices, but fear of stagnant economic activity from Japan and concerns of a slowdown in the UK economy were seen as keeping copper prices on the defensive this morning.
MARKETS
COMMODITIES
| Commodities | |||
|---|---|---|---|
| Gold | 1789.15 | +0.16 | |
| Silver | 20.35 | +0.08 | |
| Copper | 3.69 | -0.02 | |
| Palladium | 2274.50 | -1.50 | |
| Platinum | 959.00 | +4.00 | |
| Oil | 93.87 | -0.47 | |
| Heating Oil | 3.47 | -0.02 | |
| Natural Gas | 8.71 | -0.16 | |
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