Copper, Nickel and other metals collapse.
Copper, Nickel and other metals collapse Commodities market collapse on concerns from Federal Reserve’s Chairman announcements and China’s cash flow hitting a critical point. Nickel closed today in London’s LME at $13,700.00 per metric ton, the lowest point since 2009. Copper on the other hand closed at $6,770.00 per metric ton, a substantial drop from →
Copper Rises Most in Two Weeks on China, U.S. Economic Signals
Copper Rises Most in Two Weeks on China, U.S. Economic Signals By Joe Richter and Agnieszka Troszkiewicz – Nov 1, 2012 Copper futures jumped the most in two weeks on signs that economies are stabilizing in China, the top consumer of industrial metals, and the U.S., the second-biggest. An official Chinese purchasing managers’ index →