In the wake Tuesday’s whipsaw stock-market reversal, copper prices added to the uneasiness by plunging 6% to pace a broad selloff in the metals sector.
By midday in East Asia, high-grade copper for March delivery HGH5, -5.60% had dropped 16 cents, or 5.9%, to $2.49 a pound, hitting levels not seen since mid-2009 though off its lows of the day.
By midday in East Asia, high-grade copper for March delivery HGH5, -5.60% had dropped 16 cents, or 5.9%, to $2.49 a pound, hitting levels not seen since mid-2009 though off its lows of the day.
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