LIVE FUTURES REPORT 04/09: Comex copper prices tumble in post-holiday blues

Comex copper prices fell to a multi-week low during morning trading on September 4 in the US, due to a stronger dollar and persistent fears that tariffs will spread globally.

Copper for December settlement on the Comex division of the New York Mercantile Exchange tumbled 7.55 cents or 2.8% to $2.5955 per lb. Earlier this morning, the contract fell to $2.58 per lb, the lowest since August 15. "After a disappointing first half of 2018, we expect the global copper market to tighten in the months ahead, in...

Published

Dalton Barker

September 04, 2018

16:14 GMT

Chicago