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Copper prices at 4-year low
Source info:
| Author: | Lee Allison |
|---|---|
| Date: | 2015-01-07 14:38:00 |
| Blog: | Arizona Geology  |
| URL: | http://arizonageology.blogspot.com/2015/01/copper-prices-at-4-year-low.html |
Summary:
Copper prices fell on world markets to a 4-year low yesterday, with New York March futures settling at $2.7585 a pound. That's down from $3.38 a year ago. Arizona produces about 2/3 of the copper used in the U.S. and Phoenix-based Freeport McMoRan Copper & Gold is the world's largest primary copper producer, so the price has potentially significant impacts to the economy.Content analysis:
Geographic context:
| Location | Country | Latitude | Longitude |
|---|---|---|---|
| Arizona | US | 34.1679 | -111.931 |
| New York | US | 40.7146 | -74.0071 |
| Phoenix | US | 33.5583 | -112.081 |
| United States | US | 37.1679 | -95.845 |
Keywords:
4-year low Copper, Copper prices, copper producer, Freeport McMoRan Copper, potentially significant impacts, world markets, York March futures
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