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Shanghai copper hit ‘limit down’
The most active copper contract on the Shanghai Futures Exchange for May delivery fell 6% to its daily limit-down at 39,960 yuan/mt in Wednesday afternoon trade.
SHANGHAI, Mar 18 (SMM) – The most active copper contract on the Shanghai Futures Exchange for May delivery fell 6% to its daily limit-down at 39,960 yuan/mt in Wednesday afternoon trade.
Meanwhile, three-month copper on the London Metal Exchange dropped more than 3% to a new 40-month low of $4,950/mt.
Market commentary
Copper
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