Copper Slumps on Downbeat Economic Figures - News Summed Up

Copper Slumps on Downbeat Economic Figures


Copper fell alongside stocks and other risk assets Friday as weak economic data in China and Europe added to downbeat sentiment about global growth. Copper for March delivery fell 1.2% to $2.7330 a pound on the Comex division of the New York Mercantile Exchange. Prices are down about 17% from their June four-year highs on fears that slower global economic growth will crimp demand for materials used heavily in construction and manufacturing.


Source: Wall Street Journal December 14, 2018 15:11 UTC



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