Copper $ 5.359 / lb -2.36%
Brent Crude Oil $ 61.12 / bbl -0.78%
Palladium $ 1542.7 / ozt 0.44%
Crude Oil $ 57.44 / bbl -0.78%
Natural Gas $ 4.113 / Btu -2.79%
Silver Futures $ 62.007 / ozt -3.09%
Aluminum Futures $ 2855.75 / ton -1.47%
Micro Gold Futures $ 4360 / ozt 0.37%
Micro Silver Futures $ 62.007 / ozt -3.08%
Platinum $ 1762.5 / ozt 2.89%
Gold Futures $ 4328.3 / ozt 0.45%
Go to MDC Markets

CHART: Copper price could follow iron ore over a cliff

Frik Els | August 28, 2014 | 6:54 pm Base Metals China Europe Latin America Copper Iron Ore 

Iron ore is down 34% this year over China fears, soft demand and surging supply. The copper market is equally exposed, but has so far defied fundamentals. [caption id="attachment_788551" align="aligncenter" width="600"] Glencore employee Anibal Contreras clears slag at the Altonorte...

Mining.com Recommends

Contest Ranking Modal BG Contest Ranking Modal BG
Contest Ranking Title

Your Rankings.

The new Mining Power Rankings are live. Vote for the sector’s leaders in each of the Large-, Small-, and Micro-Cap leagues.

Vote Now