Speculative flight drives COMEX copper futures lower

摘要

COMEX copper futures haveturned lower again this week, as analystsnoted that speculative investors — in an atmosphereof trade tensions and higher interestrates — are fleeing commodities like copper.Copper for July delivery, the pendingactive contract, slid 0.80 cents lower toclose at 300.75 cents/lb, while July, whichbecomes the new spot contract this week,dropped 0.75 cents to 298.45 cents.