Comex copper prices sustained a minor recovery in midweek trading on Wednesday September 5 with a softening dollar supporting the base metals complex.
Copper prices for December settlement on the Comex division of the New York Mercantile Exchange tumbled by 7.55 cents or 2.8% to $2.5955 per lb. Earlier in the day, the contract had fallen to $2.58 per lb, the lowest price since August 15."After a sharp selloff yesterday in the base metals group, we are seeing some light buying setting in, with copper and aluminum setting the pace," INTL FCStone analyst Edward Meir said on...