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home / news releases / JJCTF - Copper Waits For News On Trade As Freeport-McMoRan Recovers


JJCTF - Copper Waits For News On Trade As Freeport-McMoRan Recovers

The price of copper hit its lowest level since late 2016 in early September when the price of the nearby COMEX futures contract fell to a low at $2.4675 per pound. The active month December contract found its bottom at $2.4820. The base metal that is often a barometer for the health and wellbeing of the global economy declined under the weight of the trade war between the US and China. China is the demand side of the fundamental equation for the copper market, so weakness in the Chinese economy caused the price of the

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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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