• Al Rifi Trading Company for Electrical cables and Wires

    Al Rifi Trading Company for Electrical Cables & Wires (Al Rifi for cables) ,and its activities and specialization (wholesale and retails trade of cables, wires and electrical materials)

  • Al Rifi Trading Company for Electrical cables and Wires

    Al Rifi Trading Company for Electrical Cables & Wires (Al Rifi for cables) ,and its activities and specialization (wholesale and retails trade of cables, wires and electrical materials)

  • Al Rifi Trading Company for Electrical cables and Wires

    Al Rifi Trading Company for Electrical Cables & Wires (Al Rifi for cables) ,and its activities and specialization (wholesale and retails trade of cables, wires and electrical materials)

  • Al Rifi Trading Company for Electrical cables and Wires

    Al Rifi Trading Company for Electrical Cables & Wires (Al Rifi for cables) ,and its activities and specialization (wholesale and retails trade of cables, wires and electrical materials)

  • Al Rifi Trading Company for Electrical cables and Wires

    Al Rifi Trading Company for Electrical Cables & Wires (Al Rifi for cables) ,and its activities and specialization (wholesale and retails trade of cables, wires and electrical materials)

  • Al Rifi Trading Company for Electrical cables and Wires

    Al Rifi Trading Company for Electrical Cables & Wires (Al Rifi for cables) ,and its activities and specialization (wholesale and retails trade of cables, wires and electrical materials)

Copper Prices Rise from this Week’s Low

Thursday, 27 Oct , 2011

Copper prices came off of their lows as market sentiment picked up slightly. This comes after Monday’s move lower to a 1-month low. The December copper contract for delivery traded as high as $3.3700 before falling back to $3.3000. Europe’s largest copper producer Aurubis AG, issued a report suggesting despite the troubles in Europe surrounding the euro zone debt crisis demand for copper remains healthy.

Copper prices continue to fall given the sharp drop in market sentiment. Should the European debt crisis worsen, copper prices could retest the October 20th support at $3.050.