Copper joins the base metals slide

- October 24th, 2008

Copper Investing News reports copper futures fell on the Shanghai Exchange. The price of copper in New York dropped below $2.00 per pound. At the New York Mercantile Exchange’s COMEX division, copper for December delivery fell as low as $1.9920 a pound, before settling at $2.007 a pound, down more than 5 per cent from previous session’s closing.  … Continued

Copper Investing News reports copper futures fell on the Shanghai Exchange.

The price of copper in New York dropped below $2.00 per pound. At the New York Mercantile Exchange’s COMEX division, copper for December delivery fell as low as $1.9920 a pound, before settling at $2.007 a pound, down more than 5 per cent from previous session’s closing.  At this level, current copper prices are on par with December 1999 levels.

 

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