Poor economic data causes copper crash

- October 17th, 2008

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 … Continued

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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