Front Month Comex Copper for July delivery lost 12.15 cents per pound, or 3.25%(rounded) to $3.6190 this week
--Down for four consecutive weeks
--Down 85.85 cents or 19.17% over the last four weeks
--Largest four week net and percentage decline since the week ending Sept. 30, 2011
--Longest losing streak since the week ending May 13, 2022 when the market fell for five straight weeks
--Today it is down 9.55 cents or 2.57%
--Largest one day dollar and percentage decline since Thursday, June 23, 2022
--Down for three consecutive sessions
--Down 16.50 cents or 4.36% over the last three sessions
--Largest three day dollar and percentage decline since Monday, June 27, 2022
--A new 52-week low
--Lowest settlement value since Thursday, Feb. 4, 2021
--Off 26.58% from its 52-week high of $4.929 hit Friday, March 4, 2022
--Down 15.48% from 52 weeks ago
--Off 26.58% from its 2022 settlement high of $4.929 hit Friday, March 4, 2022
--Off 26.58% from its record high of $4.929 hit Friday, March 4, 2022
--Year-to-date it is down 83.60 cents or 18.77%
All prices are calculated based on the settlement price of the current front month contract.
Source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
07-01-22 1404ET