Comex copper prices were trading at the lowest point since late January on Wednesday February 7, with speculative selling weighing on the red metal.
Copper for March settlement on the Comex division of the New York Mercantile Exchange tumbled 7.35 cents or 2.3% to $3.1155 per lb. Earlier, the metal touched $3.1060, the weakest since January 23. Investors have been unable to set a consistent price direction for copper, but the...