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home / news releases / JJCTF - Copper Prices Give Up Their Gains As World Monitors Coronavirus Impact


JJCTF - Copper Prices Give Up Their Gains As World Monitors Coronavirus Impact

Original Post

By Stuart Burns

As my colleague Fouad Egbaria reported earlier this week, copper prices have been on a slide.

Reuters also reported this week that copper on the LME traded down 0.1% at $5,634 a ton in official rings today as sentiment slides for a quick recovery in top copper consumer China.

Copper is widely seen as a gauge of economic health, particularly in China, because of the dominant position it holds as both producer and consumer. Prices had dropped as low as $5,565.50, its weakest since early September and down 12% since

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Stock Information

Company Name: iPath Bloomberg Copper Subindex Total Return Sub-Index ETN
Stock Symbol: JJCTF
Market: OTC

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