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 Advances in London on Demand Outlook: LME Preview
By Maria Kolesnikova – Mar 26, 2012 Copper climbed for a second day on speculation demand from China and the U.S., the world’s biggest consumers of industrial metals, remains robust, and after hedge funds boosted bets on a rally to the highest since August. Metal Prices: – Copper rose 0.3 percent to $8,400 a metric ton by 7:39 a.m. →