Falling copper prices could draw out bargain shoppers

Jun 18, 2013 | 06:12 PM | Everdeen Mason

Tags  copper, comex, LME, copper prices, London Metal Exchange, warehouse stocks, Everdeen Mason

NEW YORK — Copper prices hit a 1.5-month low June 18, but sources expect that to turn around later in the week when buyers start looking to purchase low-cost copper.

The July Comex contract, the most actively traded, has been dropping steadily since May to settle at $3.155 per pound June 18. That’s the lowest settlement since May 2 when the contract finished at $3.102 per pound.....

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