Copper rally short-lived

Market News

Copper Investing News reports copper prices showed an upward movement at the beginning of the New Year 2009. Copper was just one of the base metals to rally as a result of the re-weighting of the major commodity indexes.  Once a year commodity index compilers recalculate the weightings for the individual commodities in their indexes. The …

Copper Investing News reports copper prices showed an upward movement at the beginning of the New Year 2009.

Copper was just one of the base metals to rally as a result of the re-weighting of the major commodity indexes. Once a year commodity index compilers recalculate the weightings for the individual commodities in their indexes. The re- evaluation that took place early this month will fuel volatility and allow traders to make easy profits in the energy, metals, grains and livestock sectors.

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