Dr Copper still flashing warning signals
Copper closed down 1% today to $5115 per tonne in London today, which was the lowest since July 2009.
By now the catalysts are obvious. There are oversupply due to huge investments over the past 10 years and emerging markets are slowing. About 17 per cent of the copper industry is under water at current prices, according to an analysis by Macquarie cited by the FT.
