Comex copper prices sank to a multi-week low in the US morning on Thursday December 6 with the recent equity market downturn suppressing the entire base metals group.
The copper price for March settlement on the Comex division of the New York Mercantile Exchange tumbled 4.30 cents to $2.7310 per lb. Earlier, the contract touched an intraday low of $2.7130, the weakest point since November 14. US equity markets are now negative for the year with stocks tanking the past few days over existing worries...