Comex copper suffered a third straight decline this morning in the United States to begin the New Year, with continued recession worries and equity market instability sinking the commodities complex.
The copper price for March settlement on the Comex division of the New York Mercantile Exchange sank 3.15 cents to $2.5915 per lb. In macro news, concerns over global economic health have persisted into the new year amid weaker than expected economic data, while a US government shutdown over US president Trump's fallout with Congress over a...