Copper In Shanghai Slumps Daily

Bloomberg Video
November 7, 01:46 am

Copper in Shanghai slumps daily limit as inventory rise spurs demand fears; Analysis by David Moore, Commodity Strategist of Commonwealth Bank. Moore says :

• Oil falling due to global economy
• Metals to remain weak short term
• Metals will recover in time

ETFs/Stocks :

SPDR S&P Metals and Mining (ETF) XME  $26.70   -3.45 (-11.44%)
COPPER ETFS                      COPA $21.65    0.00 (  0.00%)
Rio Tinto plc (ADR)              RTP  $157.51 -23.04 (-12.76%)
Freeport-McMoRan Copper & Gold   FCX  $26.88   -3.18 (-10.58%)
BHP Billiton Limited (ADR)       BHP  $35.60   -4.76 (-11.79%)

Related Posts :

Did late October see the end of the bear market for commodity stocks?

Sources :

Bloomberg Video: Video: Copper In Shanghai Slumps Daily

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