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Copper’s rollercoaster ride

Melissa Pistilli
May. 28, 2009 10:21AM PST
Market News

Copper Investing News reports copper prices has been on a roller coaster ride with the global recession. Consumer confidence sent copper on a rally Tuesday, overshadowing the weak US dollar and worries of shrinking Chinese demand. On the New York Mercantile Exchange’s COMEX division, copper’s morning range spanned $2.1070 to $2.1590, the contract’s highest level …

Copper Investing News reports copper prices has been on a roller coaster ride with the global recession.

Consumer confidence sent copper on a rally Tuesday, overshadowing the weak US dollar and worries of shrinking Chinese demand. On the New York Mercantile Exchange’s COMEX division, copper’s morning range spanned $2.1070 to $2.1590, the contract’s highest level since May 8.

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