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market news

Poor economic data causes copper crash

Melissa Pistilli
Oct. 17, 2008 04:30PM PST
Market News

Copper Investing News reports copper futures fell as the current market bail-out plans is progressing. Over in London, things were not looking any better; copper for delivery in three months fell as low as $4,545 a tonne, a drop of 7.6 per cent, to the lowest price since January 2006. The metal traded at $4,820 a …

Copper Investing News reports copper futures fell as the current market bail-out plans is progressing.

Over in London, things were not looking any better; copper for delivery in three months fell as low as $4,545 a tonne, a drop of 7.6 per cent, to the lowest price since January 2006. The metal traded at $4,820 a tonne in official rings after closing at $4,920 on Wednesday.

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