Comex copper prices were at the lowest level since late May during trading in the US morning of Wednesday June 20 amid threats of a trade war between the United State and China along with a stronger dollar.
Copper for July settlement on the Comex division of the New York Mercantile Exchange dipped 1.50 cents or 0.5% to $3.0320 per lb. Earlier today, the contract hit a low of $3.0290, the weakest since May 30. "The red metal is hovering above the 50 WMA [weekly moving average] and now trades...