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Copper futures slide again; Oil price also lower

KDWN

Copper futures fell again Tuesday, as did crude oil. Wheat and corn rose, while soybean contracts fell slightly.

The actively traded May contract for copper fell 8 cents, or 2.6 percent, to close at $2.95 a pound Tuesday.

The price of copper also fell the day before following news over the weekend that China’s trade slumped last month. China is a major importer of copper.

Most other metals contracts also fell, except for gold. The April gold contract edged up $5.20 to $1,346.70 an ounce.

Silver for May delivery fell nine cents to $20.82 an ounce, April platinum fell $12.60 to $1,464.60 an ounce and June palladium fell $6.35 to $770.50 an ounce.

Crop prices were mixed.

In May contracts, wheat rose 18 cents to $6.59 a bushel, corn rose 5 cents to $4.83 a bushel, and soybeans fell 6 cents to $14.13 a bushel.

Crude oil fell $1.09 to $100.03 a barrel in New York.

Other energy futures were mixed.

Wholesale gasoline rose 2 cents to $2.97 per gallon. Heating oil fell a penny to $2.96 per gallon. Natural gas fell 4 cents to $4.61 per 1,000 cubic feet.

Copper futures slide again; Oil price also lower

KDWN

Copper futures fell again Tuesday, as did crude oil. Wheat and corn rose, while soybean contracts fell slightly.

The actively traded May contract for copper fell 8 cents, or 2.6 percent, to close at $2.95 a pound Tuesday.

The price of copper also fell the day before following news over the weekend that China’s trade slumped last month. China is a major importer of copper.

Most other metals contracts also fell, except for gold. The April gold contract edged up $5.20 to $1,346.70 an ounce.

Silver for May delivery fell nine cents to $20.82 an ounce, April platinum fell $12.60 to $1,464.60 an ounce and June palladium fell $6.35 to $770.50 an ounce.

Crop prices were mixed.

In May contracts, wheat rose 18 cents to $6.59 a bushel, corn rose 5 cents to $4.83 a bushel, and soybeans fell 6 cents to $14.13 a bushel.

Crude oil fell $1.09 to $100.03 a barrel in New York.

Other energy futures were mixed.

Wholesale gasoline rose 2 cents to $2.97 per gallon. Heating oil fell a penny to $2.96 per gallon. Natural gas fell 4 cents to $4.61 per 1,000 cubic feet.

Copper futures slide again; Oil price also lower

KDWN

Copper futures fell again Tuesday, as did crude oil. Wheat and corn rose, while soybean contracts fell slightly.

The actively traded May contract for copper fell 8 cents, or 2.6 percent, to close at $2.95 a pound Tuesday.

The price of copper also fell the day before following news over the weekend that China’s trade slumped last month. China is a major importer of copper.

Most other metals contracts also fell, except for gold. The April gold contract edged up $5.20 to $1,346.70 an ounce.

Silver for May delivery fell nine cents to $20.82 an ounce, April platinum fell $12.60 to $1,464.60 an ounce and June palladium fell $6.35 to $770.50 an ounce.

Crop prices were mixed.

In May contracts, wheat rose 18 cents to $6.59 a bushel, corn rose 5 cents to $4.83 a bushel, and soybeans fell 6 cents to $14.13 a bushel.

Crude oil fell $1.09 to $100.03 a barrel in New York.

Other energy futures were mixed.

Wholesale gasoline rose 2 cents to $2.97 per gallon. Heating oil fell a penny to $2.96 per gallon. Natural gas fell 4 cents to $4.61 per 1,000 cubic feet.

Copper futures slide again; Oil price also lower

KDWN

Copper futures are lower again, as are crude oil prices. Wheat and corn are higher, while soybean contracts are slightly lower.

The actively traded May contract for copper fell 8 cents, or 2.6 percent, to close at $2.95 a pound Tuesday.

The price of copper also fell the day before following news over the weekend that China’s trade slumped last month. China is a major importer of copper.

Most other metals contracts also fell, except for gold. The April gold contract edged up $5.20 to $1,346.70 an ounce.

In May contracts, wheat rose 18 cents to $6.59 a bushel, corn rose 5 cents to $4.83 a bushel, and soybeans fell 6 cents to $14.13 a bushel.

Crude oil fell $1.09 to $100.03 a barrel in New York.