Copper Prices Plummet, Signaling Economic Worries
Update: 2025-12-29
Description
Copper prices plummeted on the COMEX, with December contracts dropping by fifteen hundredths, January by twenty-three and a half hundredths, and February by about twenty-four hundredths. March, the most active contract, fell to five point six zero two five. Volumes surged to ninety-one thousand contracts, up from seventy thousand on Friday. Traders are closely monitoring coppers decline, as it may indicate broader economic concerns. Open interest rose to two hundred sixty-seven thousand, up six hundred twenty-five from yesterday. Later months showed mixed results, with March twenty-seven up slightly, but overall sentiment remains bearish. Keep watching as coppers drop could signal slowing demand ahead. Checkout Solipillow.com
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