Copper Prices Plummet, Trading Volume Drops
Update: 2025-12-09
Description
Copper Prices Plummet: A Detailed Look at Tuesdays MarketOn Tuesday, December 9th, copper prices took a significant hit, with nearly all contracts showing a decrease in value. The March 26 contract, one of the most actively traded, closed at $5.32 per pound, down $0.12 from its opening. Every single contract, from December 25 to December 27, experienced a decline, ranging from about 9 cents to 12.5 cents per pound. Trading volume dropped to 29,888 contracts, a decrease from Mondays 42,671 contracts, and open interest also decreased by 2,418 contracts, indicating a cautious market and potential further price adjustments.
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