Front Month Comex Copper for May delivery lost 4.85 cents per pound, or 1.12% to $4.2770 today
--Largest one day dollar and percentage decline since Wednesday, May 18, 2022
--Down for two consecutive sessions
--Down 7.05 cents or 1.62% over the last two sessions
--Largest two day dollar and percentage decline since Tuesday, May 10, 2022
--Down three of the past four sessions
--Lowest settlement value since Wednesday, May 18, 2022
--Off 13.23% from its 52-week high of $4.929 hit Friday, March 4, 2022
--Up 5.91% from its 52-week low of $4.0385 hit Thursday, Aug. 19, 2021
--Down 5.65% from 52 weeks ago
--Off 13.23% from its 2022 settlement high of $4.929 hit Friday, March 4, 2022
--Up 4.19% from its 2022 settlement low of $4.105 hit Thursday, May 12, 2022
--Off 13.23% from its record high of $4.929 hit Friday, March 4, 2022
--Month-to-date it is down 2.68%
--Year-to-date it is down 17.80 cents or 4.00%
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
05-25-22 1401ET