Copper Extends Slide on Demand Worries - News Summed Up

Copper Extends Slide on Demand Worries


Copper prices fell for the second straight session Thursday, as investors continue to wonder if an economic slowdown in China could limit demand for the industrial metal. Front-month copper for March delivery was down 1.8% at $3.0585 a pound on the Comex division of the New York Mercantile Exchange. Prices have fallen 6.7% so far this year after hitting a roughly four-year high in late December, with some analysts warning that the market is still currently well supplied and demand could slow moving forward.


Source: Wall Street Journal March 08, 2018 15:05 UTC



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