Copper Reached a New Multiyear Low Due to Demand Concerns
LME nickel tumbled to close at $US8,735 a tonne, down 2.4 per cent and its weakest since July 2003. “Copper is moving towards its target area of $4,400 which, if broken, would signal a move down to $3,800”, a trader said earlier this morning.
Posted On Nov 24 2015