Tuesday, September 30, 2008

Copper Leads Decline in Metals in London on Outlook for Demand

And yet, Copper is still multiples of it's price a mere 5 years ago.

Bloomberg.com
Copper fell in London, heading for the biggest quarterly decline in more than two decades, on concern that worsening financial turmoil will slow global growth and crimp demand for industrial metals.
Copper has lost 25 percent this quarter, the worst performance since at least 1986

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