LIVE FUTURES REPORT 11/07: Comex copper down in mid-week trading

Comex copper prices set a new low this morning on July 11 in the US, with President Donald Trump threatening an additional $200 billion in tariffs on Chinese goods.

Copper for September settlement on the Comex division of the New York Mercantile Exchange tumbled 8.45 cents or 3% to $2.7550 per lb.  Continued uncertainty surrounding trade relations between the United States and China have added further bearish sentiment toward base metals, deterring investor sentiment amid worries of a slowdown in global economic growth. Pledging retaliatory...

Published

Dalton Barker

July 11, 2018

14:45 GMT

Chicago