Copper falls as firmer retail sales boost dollar

Dec 13, 2007 | 11:12 AM | Sean Barry

Copper on the Comex division of the New York Mercantile Exchange dipped below $3 a pound Thursday as investors remained cautious and the dollar strengthened following better-than-expected retail sales figures and news of a plan by central banks to boost liquidity.

Copper for March delivery settled at $2.961 a pound, down from the previous day's $3.036 a pound. Comex copper has fallen more than 20 percent from its Oct. 3 high of $3.75 a pound.....

Latest Pricing Trends


Are you stocking more inventory today than 18 months ago?


View previous results