Copper hits a record price of 10.000 US dollars per ton and could keep soaring

Thursday, February 3rd 2011 - 22:53 UTC

Full article 4 comments

Copper hit a record price of 10,000 USD per ton on Thursday on the back of growing worldwide economic optimism and concerns about the impact of an Australian cyclone on stretched global supplies. Read full article

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briton
Copper hits a record price of 10.000
but on a lighter note
we pay over 20,000 for coppers to ride around in there bat mobiles all day ???
Feb 03rd, 2011 - 11:16 pm - Link - Report abuse 0
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Rhaurie-Craughwell
I wonder if all that Copper piping in my house is over a metric ton?
Feb 04th, 2011 - 08:30 am - Link - Report abuse 0
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Fido Dido
Of course supply and demand plays a role, but QE 2 and speculators play a bigger role. JP Morgan Chase is playing a big role in copper (propped desk)
Feb 04th, 2011 - 03:43 pm - Link - Report abuse 0
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briton
metals are all going up in price, more money for the rich,
not much left for the poor, just lead piping ?
Feb 04th, 2011 - 03:58 pm - Link - Report abuse 0
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