Copper's 'flash crash' as SHFE contract drops 4% in 84 seconds

Copper futures on the Shanghai Futures Exchange (SHFE) lost almost 4% of their value in little over a minute on Thursday morning amid speculation over a probe into a commodities fund's activities in China

The Shanghai Futures Exchange (SHFE) copper contract for November fell to 57,497 yuan ($8,475.7) per tonne at 02:27:43 BST from 59,657 yuan at 02:26:19. “People thought it was some sort...


Jethro Wookey

September 09, 2010

15:40 GMT